3 Things Revising GDP calculations, radiation leak fears, and India's nuclear arsenal
Jun 18, 2025
In this discussion, Udit Mishra, an economist at The Indian Express, reveals the intricacies of revising India's GDP calculations and the significance of selecting an appropriate base year. He emphasizes how this update can sharpen economic insights. Then, Amitabh Sinha dives into the escalating tensions in the Iran-Israel conflict, particularly concerning potential nuclear threats and safety issues surrounding radioactive materials. Finally, they address India's nuclear arsenal and its positioning amid global powers, shedding light on the implications of rising military capabilities.
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Importance of Revising GDP Base Year
- Revising the GDP base year reflects the evolving structure and sources of the economy over time.
- It improves accuracy by capturing new economic activities and adjusting for inflation effects.
GDP Credibility Crucial for India
- India's delay in revising the GDP base year has raised credibility concerns about its economic data.
- Trustworthy data is critical for attracting global investment and asserting India's global economic stature.
Israel Targets Iran's Natanz Facility
- Israel's strikes target Iran's Natanz enrichment facility to impede nuclear weapon development.
- The conflict centers on preventing Iran from acquiring nuclear weapons perceived as threats by Israel.