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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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MSME ministry to work towards promoting economic growth: Gadkari

Tuesday, June 4, 2019, 4:24 PM

The MSME ministry will work with its commerce counterpart to identify goods being imported by India and look at the possibility of manufacturing them by micro, small and medium enterprises, Union Minister Nitin Gadkari said Tuesday. Gadkari, who took charge of the ministry, said that the MSME sector contributes significantly in pushing the country's economic growth and creating employment.
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Growth to remain in 7-7.5% range in next few years: PM advisory panel

Friday, January 25, 2019, 9:12 PM

India's economic growth is expected to remain in the range 7-7.5 per cent in the next few years, the Economic Advisory Council to the Prime Minister (EAC-PM) said. The growth rate can be easily increased by 1% by addressing structural problems through reforms, the council observed during its meeting Friday. The CSO in its latest forecast pegged the growth at 7.2% for 2018-19.

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