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India2023-03en

CLOSURE REPORT

Summary

NITI Aayog commissioned a project to develop a system for predicting India's Gross Value Added (GVA) monthly ahead of official announcements. Quantta Analytics created a model leveraging 24 key leading economic indicators and statistical techniques to forecast GVA. The project is completed, and the model demonstrated a strong ability to closely align with actual GVA growth figures over an extended period.

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