Q.3 Examine the issues with India’s GDP data and the narrative of the economic recovery based on it. (10 Marks)

Mentor’s comment- https://indianexpress.com/article/opinion/columns/gdp-data-indian-economic-recovery-7704719/ In the intro, mention that the current series was released by NSO in 2015 using 2011-12 as a base year. In the issues mention the double deflation problem, absence of updating of sectoral weight, disproportionate impact on unorganised sector not taken into account. Conclude by mentioning the need to take into account … Continue reading Q.3 Examine the issues with India’s GDP data and the narrative of the economic recovery based on it. (10 Marks)