The Seen and the Unseen - hosted by Amit Varma cover image

Ep. 130: Demystifying GDP

The Seen and the Unseen - hosted by Amit Varma

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The Problems With MCA 21 Data

In 2015 there were many changes done to the GDP series other than just a base year revision. For example, for the manufacturing sector which underwent the biggest changes, the entire data set that was used in the earlier series was replaced with a new data set. So many methodological data related changes were introduced and it's possible that some things went haywire in that. But unfortunately we can't test it because it's not publicly available.

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