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.
Govt revises 2017-18 GDP growth upwards to 7.2%
Friday, February 1, 2019, 7:16 AM
The government said on Thursday that its estimate of GDP growth for financial year 2017-18 stood at 7.2 per cent, instead of 6.7 per cent earlier. The Ministry of Statistics said that GDP growth according to the First Revised Estimate stood at an upwards revised 7.2 per cent in 2017-18, as against the Provisional Estimate of 6.7 per cent in May 2018.