Letter to BS: Next govt must prioritise restoration of faith in GDP data

This refers to the editorial "More questions on GDP" (May 9). Data pertaining to various segments of the economy are key deciding factors in arriving at the performance of the economy. The data must be reliable but the authorities concerned are not ensuring that it is. It is not an uncommon practice to change crucial data according to the need and requirements of the government in power for ensuring political mileage. The inconsistent official data relating to the economy is negatively impacting the capital market and the inflow or the outflow of external funds. It is also shattering the confidence