Analyzing India's Gross Domestic Product (GDP) Through Machine Learning's Linear Regression Models for Sustainable Socio-Economic Growth in Atma Nirbhar

This study explores India's economic growth from 1993 to 2022 using online data. We focus on key factors like GDP, inflation-adjusted GDP, and GDP per capita. By applying simple linear regression models through Python programming, we aim to understand historical trends and patterns. Our analysis doesn't just look at the past; we use this data to predict future GDP. This predictive tool helps us estimate how India's economy might perform. We believe this approach can provide useful insights for decision-makers and contribute to building a self-reliant India.

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Publication Details

Journal
International Journal of Mathematics Trends and Technology
Published
2024-09-30
DOI
https://doi.org/10.14445/22315373/ijmtt-v70i9p106
Primary Topic
Forecasting Techniques and Applications
Type
article
Field-Weighted Citation Impact
0.00
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article

Analyzing India's Gross Domestic Product (GDP) Through Machine Learning's Linear Regression Models for Sustainable Socio-Economic Growth in Atma Nirbhar

Ashok Mhaske
International Journal of Mathematics Trends and Technology
Forecasting Techniques and Applications
article

Analyzing India's Gross Domestic Product (GDP) Through Machine Learning's Linear Regression Models for Sustainable Socio-Economic Growth in Atma Nirbhar

Ashok Mhaske
article en

Abstract

This study explores India's economic growth from 1993 to 2022 using online data. We focus on key factors like GDP, inflation-adjusted GDP, and GDP per capita. By applying simple linear regression models through Python programming, we aim to understand historical trends and patterns. Our analysis doesn't just look at the past; we use this data to predict future GDP. This predictive tool helps us estimate how India's economy might perform. We believe this approach can provide useful insights for decision-makers and contribute to building a self-reliant India.

International Journal of Mathematics Trends and TechnologyVol. 70(9)
Kanya Maha Vidyalaya (IN)
Decent work and economic growth
Openalex Percentile: Top 78%
Forecasting Techniques and Applications
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