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Sunil Jain: Will India measure up?

RATIONAL EXPECTATIONS

India may grow at 8 per cent if all goes well, or it may grow at seven if they don't. But the real tragedy is we'll never know for sure, given just how poor the quality of measuring data is in the country. So, in the new year let's hope that the newly constituted National Statistical Commission (NSC) is able to make sense of India's data jungle. Apart from the fact that having the correct data is important for those investing billions on the basis of this, what makes this all the more important is that the UPA government is embarking upon so many new policy measures for the so-called ...