India’s economic growth ‘much weaker than expected’, says International Monetary Fund

Government data released on August 30 showed that growth in Gross Domestic Product fell to a six-year low of 5% in the April-June quarter.

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· Sep 13, 2019 · 10:12 am

India drops in GDP rankings, now seventh-largest economy, shows World Bank data

UK and France overtook India in 2018, the data showed.

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· Aug 02, 2019 · 10:55 am

IMF revises India’s growth forecast for 2019-’20 down from 7.3% to 7%

In its World Economic Outlook, the fund also revised its growth projection for China and the world downward, to 6.2% and 3.2%.

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· Jul 23, 2019 · 08:09 pm

Chief economic advisor counters predecessor on GDP, says it’s difficult to create a false narrative

KV Subramanian claimed that there are many economic indicators that contradict the claims of critics about the credibility of official data.

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· Jul 04, 2019 · 07:20 pm

GDP row: PM advisory body says other countries are also using new system of calculating growth rates

The council refuted former Chief Economic Advisor Arvind Subramanian’s claim that GDP growth was overestimated between 2011-’12 and 2016-’17.

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· Jun 19, 2019 · 07:24 pm

PM advisory body refutes Arvind Subramanian’s claim that GDP growth was overestimated

The Economic Advisory Council said it would examine the former chief economic advisor’s paper in detail, and present a point-by-point rebuttal ‘in due course’.

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· Jun 12, 2019 · 04:55 pm

GDP estimates based on ‘accepted methodologies’, says Centre after ex-CEA says growth overestimated

Arvind Subramanian said the actual GDP growth between 2011-’12 and 2016-’17 may have been 4.5%, below the official estimates of 7%.

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· Jun 12, 2019 · 07:51 am

India’s GDP grew 4.5% between 2011-’12 and 2016-’17, not 7%, says former chief economic adviser

Arvind Subramanian wrote in ‘The Indian Express’ that the country’s growth has been overestimated by 2.5% points per year during this period.

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· Jun 11, 2019 · 08:51 am

Industrial output shrinks 0.1% in March – first decline in 21 months

The cumulative growth for 2018-’19 stood at 3.6%, down from 4.4% in the previous financial year.

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· May 11, 2019 · 07:02 pm

Industrial growth slowed to 0.1% in February, retail inflation rose to 2.86% in March

The cumulative industrial growth rate for the April 2018 to February 2019 period stood at 4%.

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· Apr 12, 2019 · 07:18 pm

Arun Jaitley says India may become 3rd largest economy by 2030, poverty will fall below 10% by 2025

The percentage of those who comprise the middle class will rise from 18% in 2005 to 44% in 2025, Jaitley said.

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· Apr 07, 2019 · 09:17 am

Raghuram Rajan raises questions about India’s growth rate, calls for impartial body to clean up data

The former RBI governor said he is ‘in the camp that has no idea what the statistics are at this point’.

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· Mar 26, 2019 · 09:35 pm