India's Nominal GDP growth expected at 9.8-10.3 pc in FY26: Bank of Baroda Report

New Delhi [India], February 1 (ANI): After the Economic Survey projected India's real GDP growth for FY26 in the range of 6.3-6.8 per cent, a report by Bank of Baroda stated that with an assumed GDP deflator of 3.5 per cent, the country's nominal GDP growth could be around 9.8-10.3 per cent.

The GDP deflator is an important measure used to convert nominal GDP (which includes inflation) into real GDP (which is adjusted for