Sab Golmaal Hai
In what has suddenly lent a new seriousness to the bickering over contested GDP data, the National Sample Survey Office (NSSO) has found that 36 per cent of the companies taken into account for the new GDP calculation are either untraceable or had been categorised wrongly.
There is a high probability that India's growth figures will decline if these "ghost" companies are removed from the data.
Read more at: https://economictimes.indiatimes.com/news/economy/indicators/nsso-bomb-shatters-the-calm-on-gdp-front-new-series-data-now-under-darker-cloud/articleshow/69231296.cms
Clarification at https://economictimes.indiatimes.com/news/economy/indicators/extent-of-overestimation-of-gdp-in-all-likelihood-marginalsays-finance-ministry-amid-nsso-report-controversy/articleshow/69271927.cms
In what has suddenly lent a new seriousness to the bickering over contested GDP data, the National Sample Survey Office (NSSO) has found that 36 per cent of the companies taken into account for the new GDP calculation are either untraceable or had been categorised wrongly.
There is a high probability that India's growth figures will decline if these "ghost" companies are removed from the data.
Read more at: https://economictimes.indiatimes.com/news/economy/indicators/nsso-bomb-shatters-the-calm-on-gdp-front-new-series-data-now-under-darker-cloud/articleshow/69231296.cms
Clarification at https://economictimes.indiatimes.com/news/economy/indicators/extent-of-overestimation-of-gdp-in-all-likelihood-marginalsays-finance-ministry-amid-nsso-report-controversy/articleshow/69271927.cms
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