Chief economic adviser says new GDP estimates "puzzling"

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Reuters NEW DELHI
Last Updated : Feb 27 2015 | 4:42 PM IST

NEW DELHI (Reuters) - New estimates of India's gross domestic product (GDP) are "puzzling", Arvind Subramanian, chief economic adviser at the finance ministry, said on Friday, shortly after issuing a report based on the new numbers.

A new calculation method, unveiled by the country's statisticians last month, has made India the world's fastest-growing big economy. But other economic indicators are not as rosy as GDP data suggests.

(Reporting by Rajesh Kumar Singh)

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First Published: Feb 27 2015 | 4:24 PM IST

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