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CEA rejects Arvind Subramanian claims, says hard to create wrong narrative

Friday, July 5, 2019, 8:50 AM

Chief Economic Adviser K Subramanian Thursday seemed to rubbish his predecessor Arvind Subramanian claim of India overestimating its growth rate, saying that it is very hard to create a narrative which is different from the truth. Former CEA Arvind Subramanian in his research paper last month mentioned that India's growth rate between 2011-12 and 2016-17 was overestimated.
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Centre Clarifies After Ex-Chief Economic Adviser Says "Growth Overestimated"

Wednesday, June 12, 2019, 8:51 AM

Estimates of the country's economic growth are based on "accepted procedures, methodologies and available data", government said after former Chief Economic Adviser Arvind Subramanian suggested in an article in The Indian Express that the figures were overestimated. He said the actual growth figures were closer to 4.5% and not 7% between 2011 and 2017, over a period spanning the UPA2 and the NDA1 governments.
 
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GDP Growth Overestimated During UPA, NDA Rule: Ex-Chief Economic Adviser

Tuesday, June 11, 2019, 8:15 PM

India's growth in a six-year period spanning both the Congress-led UPA government and the BJP-led NDA government was overstated by about 2.5%, former Chief Economic Adviser Arvind Subramanian suggests in an article published by the Indian Express newspaper on Tuesday. The average annual growth between 2011-12 and 2016-17 may have been about 4.5%, not seven per cent, he says, referring to his research paper.

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