GDP data

GDP data News

The deficit Problem

Centre increasingly takes recourse to non-market borrowings for public deficits. There is a cost to deficit-induced borrowings.

Simply Put: This back series, that back series

In new GDP back series data, average growth during UPA regime is down from previous estimates while growth during NDA is pegged higher than during UPA. Why do findings differ from one report to another?


In new GDP metrics, govt slashes growth in UPA 1 and UPA 2

The release of the GDP back series comes three years after the switch to the new base year of 2011-12 and three months after the release of a report of the Committee on Real Sector Statistics, which was submitted to the NSC.

Ahead of 2019 polls, govt slashes GDP growth rate during UPA era

Recalibrating data of past years using 2011-12 as the base year instead of 2004-05, the Central Statistics Office (CSO) estimated that India's GDP grew by 8.5 per cent in the financial year 2010-11 (April 2010 to March 2011) and not at 10.3 per cent as previously estimated.

Explained: Backstory of GDP back series and the controversy surrounding it

Why has a report suggesting that the Indian economy grew faster under the UPA than during the last four years, triggered a controversy? What goes into making statistical estimates such as these?

GDP rebounds, grows at 6.3% in Q2; Arun Jaitley says Govt's reforms are working

GDP data: The new numbers indicate that the economy is recovering after it hit a temporary slump following last year's note ban and the rollout of GST.


FY16 outlook: ‘Revival expected despite concerns'

Welcoming the GDP data, finance minister Arun Jaitley said that manufacturing and services sector trends indicate India can grow at 8 to 9 per cent or even higher.

Many small bangs

A reformist budget was tripped up by short-run pressures.

‘Economy to rebound next fiscal on strong growth in H2FY14’

The economy is likely to see a revival in FY15, with growth in the second half of the fiscal likely to pick up to 5.2 per cent, said TCA Anant.

BSE Sensex scales to 5-week high as exit polls,GDP data fuel rally

Sensex surged another 205 points to end at 20,996.53,a level not seen in nearly five weeks.