How does India's Q2 Nominal GDP compare with the previous year, and what factors influenced this growth?
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How does India's Q2 Nominal GDP compare with the previous year, and what factors influenced this growth?

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The Nominal GDP for Q2 2023-24 is estimated at ₹71.66 lakh crore, displaying a growth of 9.1% compared to the same quarter in the previous year. This growth, though slightly slower than the previous quarter, is attributed to government spending and favorable comparisons with a lower base.

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