Demonetisation effect on GDP needs more analysis, says India's chief statistician behind growth data - News Summed Up

Demonetisation effect on GDP needs more analysis, says India's chief statistician behind growth data


The Narendra Modi government's Chief Statistician TCA Anant, who has been given the task of calculating India's GDP data, has broken his silence over the demonetisation impact on the Indian economy. For starters, India's GDP or the growth barometer for the economy dipped to 6.1% for the fourth quarter - that is - during the January to March period. "I am just saying that effect of demonetisation requires more careful analysis by people who have said it has had an effect. ALSO READ | Chinese media mocks India's 'GDP own goal'ALSO READ | Demonetisation effect? GDP down to 6.1 per cent in Q4, economy grew at a low 7.1 per cent in 2016-17WATCH VIDEO | Demonetisation impact requires more analysis, says India's chief statistician TCA Anant


Source: India Today June 02, 2017 12:56 UTC



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