<h1>Government's FY2025-26 first advance estimates set GDP growth baseline for Union Budget planning and sector forecasts</h1> Government First Advance Estimates project real GDP growth of 7.4% for FY 2025-26 (constant prices) and nominal GDP growth of 8%, with GVA growth estimated at 7.3%. Sectoral estimates indicate higher manufacturing GVA growth at 7.0% and services growth at 9.1%, with agriculture growth moderating to 3.1%; demand-side estimates project PFCE growth of 7.0% and gross fixed capital formation growth of 7.8%. These estimates operate as the official macroeconomic baseline used for preparation of the Union Budget, including fiscal and revenue-expenditure planning.