Page 8 - Gdp Data

Reflects Modi govt's successful policy efforts: Bibek Debroy on Q2 GDP data

Debroy said the GDP estimates represented a sizable jump from last year's Q2 growth rate estimates of 6.3%, indicating sustained acceleration in India's economic growth

Finance Ministry says Q2 growth reasonable; DEA secy calls it disappointing

FinMin said the July-September quarter faced the challenge of higher oil prices, resulting in much higher import bill and the weakening of the rupee

Slow 7.1% Q2 GDP growth on policy uncertainty, experts disappointed

The rate of economic growth in the same quarter last year had been 6.3%

April-October fiscal deficit crosses full year target at Rs 6.49 trillion

The government has said it was confident of meeting its fiscal deficit target of 3.3% of GDP in FY19

GDP growth slows to 3-quarter low of 7.1% in Q2, still ahead of China

While there was consensus that the economic growth in the second quarter would not be as high as 8.2% recorded in the previous quarter, estimates had varied from 7.2% to 7.6%

Farmers, salaried are losers despite Modi govt's faster dash on GDP track

Average income grew slower than per capita gross domestic product in four out of the last five years

Jaitley spars with Chidambaram over 'hatchet job' remark on GDP revision

New Delhi, 29 November Finance minister Arun Jaitley took on predecessor P Chidambaram on the revision of earlier Gross Domeestic Product (GDP) data for saying this was the result of a hatchet job.The back-series data in question, said Jaitley, had been calculated by a highly credible organisation, the Central Statistics Office, which maintains an arm's length distance from his ministry."Those who took after the new series in 2015 now consider the new series to be a "hatched job" and a "bad joke". What humours some when data shows an upward trend depresses them if it moves in the reverse direction," Jaitley said on his Facebook page.Chidambaram had said on Wednesday of the Niti Aayog's revised GDP numbers: "They are a bad joke. Actually, they are worse than a bad joke. The numbers are the result of a hatchet job." Jaitley reminded Chidambaram that the latter had, on February 3, 2015, welcomed the new GDP series. He quoted Chidambaram as saying: "The new data successfully establishes ..

New GDP data not in sync with real economy; sectors grew faster under UPA

Tax buoyancy, both at the central and state level, was also greater during the term of the previous government

GDP back series data: CSO method theoretically better, says Pronab Sen

Whether the CSO's methodology was appropriate is a technical debate among statisticians, says the former chief statistician

India's Q2 GDP data to be out on Friday: Here's what to expect

The range of GVA growth rate is 7.1 per cent to 7.4 per cent against 8 per cent in the first quarter

What exactly is a 'back series' of GDP and why it is important for economy?

The GDP always has a base year, which defines the composition of the economy in that year. As the composition changes, the base year needs to be revised regularly

GDP back series data: New figures throw up a productivity puzzle

Gross fixed capital formation, which connotes investment in the economy, had touched a high of 35.8 per cent in 2007-08, declining thereafter to 28.5 per cent in 2017-18

Lesson from conflicting GDP data

NDA and UPA should stop gloating over growth and focus on jobs

'Discuss, dissect' GDP data: NITI Aayog V-C accepts Chidambaram's challenge

Niti Aayog Vice-Chairman Rajiv Kumar Thursday accepted the challenge of former finance minister P Chidambaram for a debate on the revised GDP data which showed economic growth during the current NDA regime was better than that in the UPA rule. "Hon. @PChidambaram_IN Ji,challenge accepted. Let's discuss & dissect back series data. I gave 3 hrs of detailed interview yesterday & it is somewhat disingenuous of you to say that I asked the media to not ask questions. Do give more coherent reasons for ur difficulty with new data," Kumar said in a tweet. He was responding to Chidambaram who sought had a debate with Kumar over the new set of data. "I wonder if Niti Aayog Vice Chairman Rajiv Kumar will agree to a debate the data than telling journalists that their questions are "undeserving of an answer," Chidambaram had tweeted. Through more tweets, Kumar also stressed that Niti Aayog uses data extensively for making logical policy recommendations and the data is always based on ...

NITI Aayog under fire for holding press conference on revised GDP data

A top source in the government said the controversy could have been avoided by keeping out the NITI Aayog from the announcement press conference

Govt releases GDP back-series data, slashes growth rate during UPA era

This is contrary to the upward revision in previous years that the report prepared by a committee of the National Statistical Commission had demonstrated

Govt cuts GDP growth data during UPA regime, says 'nothing misleading'

As per the data released by the Central Statistics Office (CSO), the economy in 2010-11 grew by 8.5 per cent and not 10.3 per cent estimated earlier.

Congress accuses Modi govt of 'manipulating' GDP data of previous years

We had demanded that the back series data of GVA and GDP should be calculated and released, said Congress

Govt heeds economists' advice, defers releasing GDP back series data

Sources in government said it was cautious about the data since it pertains to economic growth during previous governments as well

Economists expect GVA rise in December quarter, data due tomorrow

Expectation of 6.8% against 6.1% in Q2