Business Standard

Subramanian's contention on GDP growth raises brows

It is not the first time that Arvind Subramanian has expressed misgivings about the growth figures being put out

GDP
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GDP

TNC Rajagopalan
The former Chief Economic Adviser to the Central Government, Arvind Subramanian, has claimed, in a recent working paper, that India’s Gross Domestic Product (GDP) growth may have been overestimated by about 2.5 percentage points between 2011-12 and 2016-17. The government has reacted petulantly with a mixture of denial and self righteousness. But the suspicions that the government is causing manipulation of growth figures have not gone away. 

It is not the first time that Arvind Subramanian has expressed misgivings about the growth figures being put out. He had, in an earlier Economic Survey that he authored as Chief Economic Advisor talked
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