Manmohan Singh vs Narendra Modi: The real India growth story
- The quality of India GDP data came into question when GDP growth in FY17 was revised to 8.2%—the highest in any year between FY12 and FY19, despite demonetisation
- GDP growth under Narendra Modi was faster than under Manmohan Singh. The question, though, is: does this pass the basic smell test?
The quality of India’s economic data in general, and gross domestic product (GDP) data in particular, has come in for questioning in recent months. Those questions only acquired more urgency in January, when the GDP growth in 2016-17 was revised to 8.2%—the highest in any year between 2011-12 and 2018-19.
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