Congress Accuses Centre of ‘Statistical Gymnastics’ over GDP Growth Figures
Congress said the figures mask weak growth and rising prices, while the government defended a revised base year and methodology.
7 Articles
7 Articles
After former Finance Secretary Subhash Chandra Garg and some economists raised questions on the calculation process of the data, the ministry clarified that there has been no alteration or mechanical increase in the growth rate figures.
Revisions reflect data uprade: Govt defends new GDP estimates, says revisions reflect data upgrades, not higher growth by design
New Delhi: The statistics ministry on Wednesday, September 2, defended the methodology behind its newly released economic growth estimates, saying revisions to last year’s GDP and the divergence between different price measures reflect updated data and estimation techniques rather than an attempt to artificially boost headline growth. The clarification came two days after the government … Get the latest updates in Hyderabad City News, Technology…
Congress MP Shafi Parambil Questions High Unemployment Amid GDP Growth
Congress Member of Parliament Shafi Parambil recently raised doubts regarding India’s reported GDP growth of 7.8 per cent, highlighting a disconnect between economic indicators and the realities faced by ordinary citizens. He questioned why, despite this growth, many households struggle with persistent unemployment and inflation. Parambil’s comments were made in the context of the newly […]
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