Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
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        LATEST NEWS UPDATES | 7 to 4.5%: Ex-CEA cuts GDP estimate between 2011-12 and 2016-17    </title>
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-The Indian Express

While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian 

New Delhi: In the midst of..."/>
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-The Indian Express

While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian 

New Delhi: In the midst of..." />
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    <h1 class="cat-box-title">7 to 4.5%: Ex-CEA cuts GDP estimate between 2011-12 and 2016-17</h1>
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                            <div align="justify">-The Indian Express<br /><br /><em>While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian <br /><br />New Delhi: </em>In the midst of a raging controversy over India&rsquo;s economic growth under the new GDP series, former Chief Economic Adviser Arvind Subramanian has concluded that the country&rsquo;s growth has been overestimated by around 2.5 percentage points between 2011-12 and 2016-17.<br /><br />While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian in a recent research paper published at Harvard University. It forms the basis of his piece in The Indian Express today.<br /><br />One sector where the magnitude of mis-measurement is particularly large is manufacturing. Pre-2011, manufacturing value added in national accounts tended to be tightly correlated with the manufacturing component of the index of industrial production and manufacturing exports. But, thereafter, the relationship has broken down, notes the former CEA.<br /><br />Subramanian&rsquo;s analysis is based on 17 key economic indicators which tend to be highly correlated with GDP growth. However, it does not include the controversial MCA-21 database which forms an integral part of the CSO&rsquo;s calculation.<br /><br />Please <a href="https://indianexpress.com/article/india/7-to-4-5-ex-cea-cuts-gdp-estimate-between-2011-12-and-2016-17-5774276/" title="https://indianexpress.com/article/india/7-to-4-5-ex-cea-cuts-gdp-estimate-between-2011-12-and-2016-17-5774276/">click here</a> to read more.</div>                                                           
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    <h1 class="cat-box-title">7 to 4.5%: Ex-CEA cuts GDP estimate between 2011-12 and 2016-17</h1>
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                            <div align="justify">-The Indian Express<br /><br /><em>While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian <br /><br />New Delhi: </em>In the midst of a raging controversy over India&rsquo;s economic growth under the new GDP series, former Chief Economic Adviser Arvind Subramanian has concluded that the country&rsquo;s growth has been overestimated by around 2.5 percentage points between 2011-12 and 2016-17.<br /><br />While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian in a recent research paper published at Harvard University. It forms the basis of his piece in The Indian Express today.<br /><br />One sector where the magnitude of mis-measurement is particularly large is manufacturing. Pre-2011, manufacturing value added in national accounts tended to be tightly correlated with the manufacturing component of the index of industrial production and manufacturing exports. But, thereafter, the relationship has broken down, notes the former CEA.<br /><br />Subramanian&rsquo;s analysis is based on 17 key economic indicators which tend to be highly correlated with GDP growth. However, it does not include the controversial MCA-21 database which forms an integral part of the CSO&rsquo;s calculation.<br /><br />Please <a href="https://indianexpress.com/article/india/7-to-4-5-ex-cea-cuts-gdp-estimate-between-2011-12-and-2016-17-5774276/" title="https://indianexpress.com/article/india/7-to-4-5-ex-cea-cuts-gdp-estimate-between-2011-12-and-2016-17-5774276/">click here</a> to read more.</div>                                                           
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        LATEST NEWS UPDATES | 7 to 4.5%: Ex-CEA cuts GDP estimate between 2011-12 and 2016-17    </title>
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While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian 

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    <h1 class="cat-box-title">7 to 4.5%: Ex-CEA cuts GDP estimate between 2011-12 and 2016-17</h1>
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                            <div align="justify">-The Indian Express<br /><br /><em>While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian <br /><br />New Delhi: </em>In the midst of a raging controversy over India&rsquo;s economic growth under the new GDP series, former Chief Economic Adviser Arvind Subramanian has concluded that the country&rsquo;s growth has been overestimated by around 2.5 percentage points between 2011-12 and 2016-17.<br /><br />While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian in a recent research paper published at Harvard University. It forms the basis of his piece in The Indian Express today.<br /><br />One sector where the magnitude of mis-measurement is particularly large is manufacturing. Pre-2011, manufacturing value added in national accounts tended to be tightly correlated with the manufacturing component of the index of industrial production and manufacturing exports. But, thereafter, the relationship has broken down, notes the former CEA.<br /><br />Subramanian&rsquo;s analysis is based on 17 key economic indicators which tend to be highly correlated with GDP growth. However, it does not include the controversial MCA-21 database which forms an integral part of the CSO&rsquo;s calculation.<br /><br />Please <a href="https://indianexpress.com/article/india/7-to-4-5-ex-cea-cuts-gdp-estimate-between-2011-12-and-2016-17-5774276/" title="https://indianexpress.com/article/india/7-to-4-5-ex-cea-cuts-gdp-estimate-between-2011-12-and-2016-17-5774276/">click here</a> to read more.</div>                                                           
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7 to 4.5%: Ex-CEA cuts GDP estimate between 2011-12 and 2016-17

Published on Jun 11, 2019   Modified on Jun 11, 2019

-The Indian Express While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian New Delhi: In the midst of a raging controversy over India’s economic growth under the new GDP series, former Chief Economic Adviser Arvind Subramanian has concluded that the country’s growth has been overestimated by around 2.5 percentage points between 2011-12 and 2016-17. While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian in a recent research paper published at Harvard University. It forms the basis of his piece in The Indian Express today. One sector where the magnitude of mis-measurement is particularly large is manufacturing. Pre-2011, manufacturing value added in national accounts tended to be tightly correlated with the manufacturing component of the index of industrial production and manufacturing exports. But, thereafter, the relationship has broken down, notes the former CEA. Subramanian’s analysis is based on 17 key economic indicators which tend to be highly correlated with GDP growth. However, it does not include the controversial MCA-21 database which forms an integral part of the CSO’s calculation. Please click here to read more.

The Indian Express, 11 June, 2019, https://indianexpress.com/article/india/7-to-4-5-ex-cea-cuts-gdp-estimate-between-2011-12-and-2016-17-5774276/

Tagged with: MCA-21 MCA-21 database Manufacturing Sector Manufacturing Sector growth GDP 2011-12 series GDP estimates GDP growth

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