Nominal Gdp Growth Rate News

Politics

Budget 2018: Govt may assume 12% nominal GDP growth rate for 2018-19

A higher nominal GDP growth rate can help in projecting a better fiscal deficit number in Union Budget 2018

2 min read17 Jan 2018
Politics

Union Budget 2017 lowers nominal GDP growth rate estimate to 11% for FY17

Union Budget 2017 says nominal GDP growth estimates released by CSO earlier didn't include 'trends of decline in growth rate', without naming demonetisation

1 min read3 Feb 2017

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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