-The Times of India NEW DELHI: The Economic Advisory Council to the Prime Minister (EAC-PM) on Wednesday rejected the claims of former CEA ARVind Subramanian regarding over-estimation of GDP numbers and said that India's current methodology is at par with its global standing as a responsible, transparent and well-managed economy. The EAC-PM released a detailed note titled 'GDP estimation in India - Perspectives and Facts' and as it earlier stated, the note...

-Down to Earth He says neither the government not the former chief economic advisor include the unorganised sector while computing economic growth Noted economist Arun Kumar said former chief economic advisor ARVind Subramanian is correct in saying that the rate of growth of Gross Domestic Product (GDP) has been overestimated in the last few years. Subramanian's methodology to gauge economic growth, however, may also not be correct — both being indirect methods...

-The Financial Express After former Chief Economic Advisor ARVind Subramanian’s research paper re-started debate on GDP data, comments from other prominent economists have also started to pour in on the issue. After former Chief Economic Advisor ARVind Subramanian’s research paper re-started debate on GDP data, comments from other prominent economists have also started to pour in on the issue. While some support the analysis and call for an independent committee to...

-Business Standard This has reignited the debate on the accuracy of India's GDP numbers in particular, and has once again highlighted the inefficiencies in the estimation of national accounts in general In a research paper that analyses data on 17 different economic indicators in the real sector, former chief economic advisor of India ARVind Subramanian has said that India’s real gross domestic product (GDP) growth “was more likely to have been between...

-Livemint.com * GDP estimates are based on accepted methodologies, says government * Subramanian made the claims in his latest working paper published on the HARVard University website New Delhi: India’s statistics ministry likely underestimated the impact of demonetization and the rollout of the goods and services tax (GST) on economic activity, leading to an overestimation of gross domestic product (GDP) figures, the finance ministry’s former chief economic adviser, ARVind Subramanian, has said. On 31...