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Sharp revisions in the GDP growth rate tell a tale of uncertain times

Is the growth modeling fraught with errors? If so, how can the policy makers frame policies in such a scenario?

Topics
GDP growth | Indian economy 2019 | Gross domestic product

Indivjal Dhasmana  |  New Delhi 



8% annual growth needed for GDP to touch $5 trn by FY25: Economic Survey

Seven years ago, the 2010-11 Economic Survey authored by then chief economic advisor (CEA), Kaushik Basu, had predicted the (GDP) growth rate at nine per cent, give or take 0.25 per cent, for the year 2011-12.

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First Published: Wed, October 23 2019. 13:43 IST

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