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In other words, growth as per the Income Approach was lower. Using the expenditure approach, it would have been higher than the 7.2% reported for FY23 and higher than the 9.1% reported for FY22,ÔÇØ the ministry said in a series of tweets on Friday.






Finance Ministry, inflatedÔÇÖ GDP, GDP growth, economy news, indian express news

So, a balancing figure ÔÇô statistical discrepancy ÔÇô is added to the expenditure approach estimate.

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