Government defends GDP methodology, revisions
New Delhi, Sept. 3 -- The government on Wednesday defended its methodology for estimating national income and the June-quarter growth rate, saying revisions to 2025-26 GDP and divergence between price gauges reflect updated data and methods, rather than an attempt to mechanically inflate the figures.
The ministry of statistics and programme implementation (MoSPI) issued a detailed clarification in a question-and-answer format, refuting allegations of artificially pushing up the real growth rate for the three months through June to 7.8% and the nominal expansion rate to 10.3%.
The statistics ministry on 31 August released an updated series of annual and quarterly GDP estimates, with 2022-23 as the base year, and rolled out a new Producer Pri...
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