-ThePrint.in Report by government-backed panel has pegged average growth under UPA at 8%, higher than that during 4 years under NDA. New Delhi: The Modi government has said that a GDP report that showed higher growth during the UPA years than under four years of NDA rule is only a draft and “should not be quoted anywhere”. The back-series GDP growth report was published on the website of the Ministry of Statistics and...
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Did Modi just give an A+ to Manmohan on economy?
-The Times of India NEW DELHI: A government-appointed panel has estimated that the economy grew at a double-digit rate (10.1 per cent) in 2006-07, a first in the post-liberalisation era and the second highest ever. The new series uses 2011-12 as the base year for prices, as against 2004-05 in the old series. The panel headed by Sudipto Mundle concluded that the difference is minimal, addressing concerns often raised about the...
More »New data: UPA did just fine till 2011
-The Economic Times The first cut of the back series of GDP numbers based on the new methodology and new base year of 2011-12 have finally been released. The Central Statistics Office will confirm this, sooner or later. What the new series does show is that India is capable of attaining double-digit growth (10.2% in 2007-08 and 10.8% in 2010-11), and of recovering fast from a sharp slowdown inflicted by global...
More »MoSPI says back series GDP figures 'not official', formal data later
-PTI As per the back series data on GDP, Indian economy clocked a 10.08 per cent growth rate in 2006-07, the highest since liberalisation of the economy in 1991 New Delhi: Amid ongoing controversy over the back series GDP figures showing better economic performance during the UPA regime, the Ministry of Statistics and Programme Implementation (MoSPI) on Sunday said "these are not official estimates" and the data will be released officially later. As...
More »GDP under Modi govt higher than UPA's last four years: Niti Aayog VC
-The Times of India NEW DELHI: Niti Aayog vice-chairman Rajiv Kumar said on Saturday that the GDP growth rate under four years of the Modi government is still higher than the growth rate of last four years of UPA. In a series of tweets, Kumar said, "Growth rate under four years of Modi Government is still higher than the growth rate of last four years of UPA. This is being managed despite...
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