New Delhi, Feb. 1 -- 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 inflation). It reflects the overall price level changes in the economy and helps assess the actual economic growth.

The report said "We assume GDP deflator of around 3.5 per cent, which would translate nominal GDP growth to 9.8-10.3 per cent in FY26".

The report's estimate also suggested that while India's economy is expected to grow...