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It noted that a clear and better measure of voting pattern can be gauged by an absolute number of voters and not on per cent of votes polled.
An economist at SBI, Soumya Kanti Ghosh, dismissed concerns about low voter turnout in the first two phases of the 2024 general elections, labeling them as a "myth." He suggested that analyzing the absolute number of votes cast provides a better measure of turnout. Ghosh noted a 0.4 percent increase in the absolute number of votes cast in the initial phases. While acknowledging a 3.1 percentage point deviation from the 2019 voting trend, Ghosh predicted a potential "J-shaped" growth in the remaining phases.
India News: MUMBAI: Terming concerns on low voter turnout in the first two phases of 2024 general elections a "myth", an economist at the country's largest lender.
According to the RBI Monetary Policy Report for April 2024, domestic economic activity remained strong in the first half of 2023-24.
According to the RBI's Monetary Policy Report- April 2024, domestic economic activity, backed by strong fundamentals, remained robust in the first half of 2023-24, weathering challenges from muted global demand.