Ep. 130: Demystifying GDP
The Seen and the Unseen - hosted by Amit Varma
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The Evolution of National Statistics in India
Indian economists and statisticians played a very important role when the system of national accounts was developed by the UN in the 1950s. VK Ravi Rao who was actually the founding father of Delhi School of Economics contributed his intellectual inputs to their SNE model. In fact, brief digression our mutual friend Niranjan Rajthaksha told me recently that Dada Bhain Naurogi had put right to calculate the national income in 1870. So I think Indians and of course then later on we have a professor of Mahalanobis. It's like the father of statistics, so to speak in India.
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