No surprises

GDP back series only confirms India's growth trajectory

Last week, the committee entrusted by the National Statistical Commission to develop a back series for the new form of calculation of gross domestic product (GDP) and gross value added (GVA) made public its calculations. Since the figures were released, the Union ministry of statistics and programme implementation distanced itself from them, saying they are not yet “approved”. Certainly, it is a fact that under these figures, the average growth rate under the current National Democratic Alliance does not reach the levels achieved under either the first or second terms of the United Progressive Alliance. That said, the broad narrative