CEA defends India's GDP data, says country does not use methodology changes to inflate growth numbers
New Delhi, June 14 -- Chief Economic Advisor (CEA) Dr V Anantha Nageswaran has defended the credibility of India's GDP statistics, saying the country does not use revisions in methodology or base years to artificially boost economic output figures.
In an exclusive interview with ANI, Nageswaran responded to concerns raised by some economists over India's GDP estimates, stressing that GDP measurement is an estimate in every country and that India follows internationally accepted statistical practices.
"GDP is an estimate. No country can pretend that they have an accurate way of measuring the GDP," he said.
The CEA argued that India's recent GDP rebasing exercise demonstrates that the government is not attempting to inflate economic figu...
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