Crucial First Advance Estimate Of GDP For FY25 Ahead Of Budget FY26

India's GDP growth is estimated to moderate to a four-year low of 6.4% in the current financial year ending March, according to the first advance estimate released by the statistics ministry. The Indian economy has grown by at least 7% in each of the last three financial years after shrinking 5.8% in 2020-21. In FY24, GDP growth beat all forecasts to come in at 8.2%. The first advance estimate of 6.4% is even lower than the Reserve Bank of India's projection of 6.6% GDP growth for FY25 and the Finance Ministry's estimate of 6.5%. Siddharth Zarabi, Editor, Business Today discusses the implications and the meaning of this dip in economic growth with two top economists - Indranil Pan, Chief Economist of YES Bank and Sunil Sinha, Economist.