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LATEST NEWS UPDATES | Doubts over data: Economists remain sceptical as government projects GDP at 7.4%

Doubts over data: Economists remain sceptical as government projects GDP at 7.4%

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published Published on Feb 10, 2015   modified Modified on Feb 10, 2015
-The Economic Times

NEW DELHI: India is poised to become the world's fastest-growing major economy, possibly overtaking a slowing China this year itself, according to data released by the statistics office on Monday. But the numbers, based on a new series, seem to have intensified the bewilderment among experts who see little evidence of such a sharp growth surge.

"The numbers are quite puzzling," said Soumya Kanti Ghosh, chief economic advisor, State Bank of India. "They do not seem to be matching up with the indicators on the ground."

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The Economic Times, 10 February, 2015, http://economictimes.indiatimes.com/news/economy/indicators/doubts-over-data-economists-remain-sceptical-as-government-projects-gdp-at-7-4/articleshow/46179960.c


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