Statistics ministry proposes common framework to calculate state GDP
The Economic Times has reported a new India-focused economy development: “Statistics ministry proposes common framework to calculate state GDP.” The publisher's feed describes the story as follows: The statistics ministry has proposed a common framework for estimating state gross domestic product. This framework uses an expenditure approach under the revised 2022-23 base year. Currently, no state compiles estimates of private final consumption expenditure, creating a gap. Proposed methods inclu
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