 "CII throws weight behind GDP figures")
The Confederation of Indian Industry (CII) is in agreement with the gross domestic product (GDP) data for the third quarter, put out by the Central Statistics Office, even as critics have found loopholes in the figures because these supposedly do not bear out the impact of demonetisation.
CII Director General Chandrajit Banerjee has said the data are in line with the surveys by the chamber.
The data showed that GDP grew 7 per cent in the third quarter against 7.4 per cent in the second quarter and 6.9 per cent in the October-December period of 2015.
Critics were surprised at
