Are India's GDP numbers giving us the real picture?
The Daily Brief
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Critical Flaws in India's GDP Calculation Methodologies
This chapter delves into pressing issues related to how India's GDP is calculated, emphasizing the impact of updated base years and flawed methodologies. It critically examines the dependence on the wholesale price index and the challenges posed by the MCA21 database, questioning the overall accuracy of GDP figures in representing the economy's reality.
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