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Budget 2024 LIVE: FM gives GDP a new definition

  • 01 Feb 2024
  • Team Edukating
  • 136

Finance Minister says the government is focussed on GDP (governance, development and performance), in her budget speech ahead of the upcoming general election where the Narendra Modi administration is set to seek a third straight term.

GDP (also called national income) is conventionally defined as gross domestic product. It is the sum total of all output in India. • India’s real GDP clocked a growth of 7.7 per cent between April and Sept 2023), which is highest amongst the major economies.

Source : https://www.cnbctv18.com/economy/budget-2024-live-updates-interim-budget-live-fm-nirmala-sitharaman-income-tax-itr-defence-agriculture-pm-kisan-samman-nidhi-tourism-railway-hra-liveblog-18939161.htm

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