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GDP Growth Overestimated During UPA, NDA Rule: Ex-Chief Economic Adviser
India's growth in a six-year period spanning both the Congress-led UPA government and the BJP-led NDA government was overstated by about 2.5 per cent, former Chief Economic Adviser Arvind Subramanian suggests in an article published by the Indian Express newspaper on Tuesday. The average annual growth between 2011-12 and 2016-17 may have been about...
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10 Point Guide On The GDP Data Fight Between Government And Congress
The government's revised GDP data, which downgrades figures of growth during the previous Congress-led UPA's rule, has provoked a new political bust-up ahead of the 2019 national election. As the Congress accused Prime Minister Narendra Modi and Finance Minister Arun Jaitley of "malicious and fraudulent jugglery to mask the true state of economy", ...
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New GDP Data More Realistic, Says Arun Jaitley: Updates
The government on Wednesday released the much-awaited back-series estimates for India's GDP which showed a lower rate of growth during the UPA years between 2005-06 and 2011-12 than what was estimated using the earlier methodology.
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New GDP Data More Realistic, Says Government Amid Congress Charges
Finance Minister Arun Jaitley said today that the government's back-series data for India's GDP, which downgrades growth during the previous Congress-led UPA's rule, is realistic, credible and more reflective of the economy.
-
GDP Growth During UPA Regime Revised Downwards In New Back-Series Data
The government on Wednesday released the much-awaited back-series estimates for India's GDP which showed a lower rate of growth during the UPA years between 2005-06 and 2011-12 than what was estimated using the earlier methodology.
-
Government's New GDP Data Downgrades Growth During UPA Rule
In January 2015, the government had moved to a new base year of 2011-12 from the earlier base year of 2004-05 for national accounts.
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With Growth At 2-Year High Of 8.2%, Government Matches UPA's Figures
Should the economy keep up this momentum it will stand Prime Minister Narendra Modi in good stead when he seeks re-election next year, and dispel some of the criticism that his economic reforms haven't resulted in faster growth sooner.
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As Data Shows 2006-07 Growth Fastest, Centre Says Figures Not Official
The government said on Sunday that the GDP numbers published this week showing that the Indian economy performed better during previous UPA rule are "not official estimates" and that the official data would be released later.
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India Clocked 10.08 Per Cent Growth Under Manmohan Singh: Data
Indian economy clocked a 10.08 per cent growth rate in 2006-07 under the then Prime Minister Manmohan Singh, the highest since liberalisation of the economy in 1991, according to an official data.
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UPA Deserves Credit For GDP Figures : P Chidambaram
Former Finance Minister P Chidambaram said UPA deserves the credit for the uptick in domestic economy as the latest data is from the time when the Congress-led government was in power.
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Opinion: The stupidest reason to explain a market rally
This may seem surprising, but this is a fact. In fact, the easiest way to convince a professional investor (like a mutual fund manager) is to talk stories and easy generalities. Start talking hard data that contradicts comfortable notions and your meeting will end very quickly!
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Why P Chidambaram, RBI governor D Subbarao meeting matters
Reserve Bank of India governor D Subbarao met finance minister P Chidambaram on Monday. The relationship between the finance minister and the governor is critical in the context of the situation in the economy. The need of the hour though is to take steps in the national interest. They have to be taken even if they are not acceptable to all.
-
GDP Growth Overestimated During UPA, NDA Rule: Ex-Chief Economic Adviser
India's growth in a six-year period spanning both the Congress-led UPA government and the BJP-led NDA government was overstated by about 2.5 per cent, former Chief Economic Adviser Arvind Subramanian suggests in an article published by the Indian Express newspaper on Tuesday. The average annual growth between 2011-12 and 2016-17 may have been about...
-
10 Point Guide On The GDP Data Fight Between Government And Congress
The government's revised GDP data, which downgrades figures of growth during the previous Congress-led UPA's rule, has provoked a new political bust-up ahead of the 2019 national election. As the Congress accused Prime Minister Narendra Modi and Finance Minister Arun Jaitley of "malicious and fraudulent jugglery to mask the true state of economy", ...
-
New GDP Data More Realistic, Says Arun Jaitley: Updates
The government on Wednesday released the much-awaited back-series estimates for India's GDP which showed a lower rate of growth during the UPA years between 2005-06 and 2011-12 than what was estimated using the earlier methodology.
-
New GDP Data More Realistic, Says Government Amid Congress Charges
Finance Minister Arun Jaitley said today that the government's back-series data for India's GDP, which downgrades growth during the previous Congress-led UPA's rule, is realistic, credible and more reflective of the economy.
-
GDP Growth During UPA Regime Revised Downwards In New Back-Series Data
The government on Wednesday released the much-awaited back-series estimates for India's GDP which showed a lower rate of growth during the UPA years between 2005-06 and 2011-12 than what was estimated using the earlier methodology.
-
Government's New GDP Data Downgrades Growth During UPA Rule
In January 2015, the government had moved to a new base year of 2011-12 from the earlier base year of 2004-05 for national accounts.
-
With Growth At 2-Year High Of 8.2%, Government Matches UPA's Figures
Should the economy keep up this momentum it will stand Prime Minister Narendra Modi in good stead when he seeks re-election next year, and dispel some of the criticism that his economic reforms haven't resulted in faster growth sooner.
-
As Data Shows 2006-07 Growth Fastest, Centre Says Figures Not Official
The government said on Sunday that the GDP numbers published this week showing that the Indian economy performed better during previous UPA rule are "not official estimates" and that the official data would be released later.
-
India Clocked 10.08 Per Cent Growth Under Manmohan Singh: Data
Indian economy clocked a 10.08 per cent growth rate in 2006-07 under the then Prime Minister Manmohan Singh, the highest since liberalisation of the economy in 1991, according to an official data.
-
UPA Deserves Credit For GDP Figures : P Chidambaram
Former Finance Minister P Chidambaram said UPA deserves the credit for the uptick in domestic economy as the latest data is from the time when the Congress-led government was in power.
-
Opinion: The stupidest reason to explain a market rally
This may seem surprising, but this is a fact. In fact, the easiest way to convince a professional investor (like a mutual fund manager) is to talk stories and easy generalities. Start talking hard data that contradicts comfortable notions and your meeting will end very quickly!
-
Why P Chidambaram, RBI governor D Subbarao meeting matters
Reserve Bank of India governor D Subbarao met finance minister P Chidambaram on Monday. The relationship between the finance minister and the governor is critical in the context of the situation in the economy. The need of the hour though is to take steps in the national interest. They have to be taken even if they are not acceptable to all.
