The first advance estimates are early forecasts and they usually undergo revisions as more data become available. However, the growth projections will come weeks ahead of the Budget 2023 announcement that is scheduled for February 1. The estimates from the National Statistic Office is a key consideration for the policy proposals that Finance Minister Nirmala Sitharaman is planning.
Govt to release today India’s economic growth forecast for this fiscal year, weeks ahead of Budget announcements
