The Union government has assumed a nominal GDP growth of 10.5 percent for 2024-25, the interim Budget presented by FM Nirmala Sitharaman on February 1 showed. "Nominal GDP for BE 2024-25 has been projected at Rs 3,27,71,808 crore assuming 10.5 percent growth over the estimated Nominal GDP of Rs 2,96,57,745 crore as per the First Advance Estimates of FY 2023-24," the Budget documents said.