Monday 29 February 2016

GDP numbers-First time, how reliable? (R Vaidyanathan, Vivekananda International Foundation)



India’s economic growth for the financial year 2016 has been estimated at 7.6 per cent as compared with the revised estimate of 7.2 per cent in the previous year, aided mostly by growth in the manufacturing sector. However, the GDP growth for the third quarter of this financial year slowed to a four-quarter low at 7.3 per cent. In the second quarter, it had grown by 7.7 per cent.

http://www.vifindia.org/article/2016/february/27/gdp-numbers-first-time-how-reliable

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