There is a tendency to overstate the impact of currency ban: TCA Anant

Chief statistician feels that policy interventions is needed to catapult growth into double digits

Chief Statistician TCA Anant tells Indivjal Dhasmana in an interview that comments on demonetisation are simplistic and do not adhere to statistical standards. He adds the economy needs policy interventions to catapult growth into the double digits for a sustainable period. Edited excerpts:
 
Is it a coincidence that the gross domestic product (GDP) growth number remained the same for 2016-17 at 7.1 per cent in the first, second and actual estimates?
 
It is a coincidence because compilations are independent. When we project data for the full year, we try to be as careful as we can. Unless there