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GDP At 4.5%: India And The Saga Of Data Doldrum | HW News English

GDP At 4.5%: India And The Saga Of Data Doldrum | HW News English On Friday came another big jolt for India that punctured the claims of the modi govt over economic growth. While the government keeps looking at the other side, or keeps dodging the questions over economy, the state of economy is spiralling downwards. The GDP figures as announced on Friday are 4.5% for the second quarter. For the first quarter it was 5%, it came down to 4.5%. But what we are going to talk about today is data and how India is increasingly being looked at suspiciously by the global community in this manner. India’s latest GDP figures are 4.5%. while the numbers are in themselves not fancy, the major concern is whether these numbers are even real. Follow this link for detailed discussion on Old Method of calculating GDP and the new method:

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