FinMin defends NSSO report, says little scope of overestimating GDP number

Government issues statement second time in three days after a controversy about NSSO report on services sector.

The number of business enterprises reported as closed or non-traceable in the corporate affairs ministry's database is falling and their impact in calculating India’s GDP growth is “marginal", said the Finance Ministry on Friday after concerns about data.

The ministry issued the statement after the National Sample Survey Office's (NSSO) Technical Report of Services Sector Enterprises in India said that as much as 36 per cent units forming part of MCA 21 database, used in computing GDP, were either not identifiable or traceable in the field.

MCA 21 is an electronic repository of corporate filings and is maintained by the