3 Things

Our flagship daily news show, where hosts Neha Mathews and Shashank Bhargava talk to in-house experts about what is going on and why you need to care about it

Episode 390 June 12, 2019

Has India been overestimating its GDP growth?

Former Chief Economic Adviser to the Government of India, Arvind Subramanian authored an opinion piece in the indian Express yesterday that caused some ripples. He essentially said that because of changes in methodology, India has been overestimating GDP growth since 2011-2012. So while official estimates say that India’s annual growth rate has been 7%, the actual numbers are somewhere closer to 4.5%. Has our economy been growing slower than we thought? Are there any problems with Subramanian’s observations? Why is this a non-partisan issue? Ishan Bakshi, who writes on the economy and is a part of the Indian Express editorial team, explains.


You can follow us and leave us feedback on Facebook and Twitter @expresspodcasts, or send us an email at podcasts@indianexpress.com. If you like this show, please subscribe and leave us a review wherever you get your podcasts, so other people can find us. You can also find us on http://www.indianexpress.com/audio.

More info
Read less
Has India been overestimating its GDP growth?Former Chief Economic Adviser to the Government of India, Arvind Subramanian authored an opinion piece in the indian Express yesterday that caused some ripples. He essentially said that because of changes in methodology, India has been overestimating GDP growth since 2011-2012. So while official estimates say that India's annual growth rate has been 7%, the actual numbers are somewhere closer to 4.5%. Has our economy been growing slower than we thought? Are there any problems with Subramanian's observations? Why is this a non-partisan issue? Ishan Bakshi, who writes on the economy and is a part of the Indian Express editorial team, explains. You can follow us and leave us feedback on Facebook and Twitter @expresspodcasts, or send us an email at podcasts@indianexpress.com. If you like this show, please subscribe and leave us a review wherever you get your podcasts, so other people can find us. You can also find us on www.indianexpress.com/audio.