New GDP series faces fresh questions after NSSO discovers holes

New GDP series faces fresh questions after NSSO discovers holes

(Abhijit Bhatelkar/Mint) NEW DELHI: A key database introduced in India’s new gross domestic product (GDP) series has now been found to be full of holes, raising fresh questions over the controversial and contested GDP numbers in Asia’s third-largest economy. A study conducted by the National Sample Survey Office (NSSO) in the 12 months ended June 2017 and released last week has found that as much as 36% of companies that are part of MCA-21 database of companies and are used in India’s GDP calculations could not be traced or were wrongly classified. The results were so disappointing that two […]

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