In the first advance estimates of national income 2021-22 released by the Government of India, what is the projected nominal GDP equal to?
Solution Nominal GDP projected by Advance Estimates = 232.15 trillion as per the first advance estimates of national income 2021-22 released by the Government of India. The FAE are released to serve as essential inputs to the Budget exercise and this practice has been followed since 2016-17.
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