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A new GDP series does much more than replace a price reference. It introduce -new surveys and GST data -better company and government records -a change inthe coverage of economic activities -the removal of duplication -updated ratios -and improved methods of estimating value addition IndiaToday

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Prof. Gourav Vallabh

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15,446 görüntüleme • 3 gün önce •via X (Twitter)

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🚨 BREAKING: World Bank Executive Director drops a massive logic bomb on the "Data Fudge" conspiracy! ​If the government is manipulating the GDP to look good, why did the new February series revise the nominal GDP DOWN by 4%? ​Neelkanth Mishra just exposed the ultimate flaw in the opposition's narrative: shrinking the GDP base actually makes the government's fiscal deficit and debt-to-GDP targets much harder to achieve! Why would any government intentionally sabotage its own economic goals just for PR? ​The entire 2.6% claim relies on an "ill-educated" calculation of mixing old and new datasets. ​Stop falling for manufactured outrage. Take 5 minutes, do a basic AI search on 'GDP rebasing', and look up the global standards for economic data. ​Read. Verify. Think.
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"There’s a change in the GDP number because there were changes in economic activity." Senior economist Prof. Gourav Vallabh and former Finance Secretary Subhash Chandra Garg continue their debate over the 7.8% GDP figure and the factuality of the calculations on #TTP. #Calculations #BaseYearChange #GDP | Marya Shakil
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