NEW DELHI: A key database introduced in India’s new gross domestic product (GDP) series has now been found to be full of holes, raising fresh questions over the controversial and contested GDP numbers in Asia’s third-largest economy. The key change in the new GDP series launched in 2015 was the use of MCA-21, which CSO sourced from MCA. Even those who thought the new GDP series represented a great methodological leap by CSO made the same demand. Mohanan, former NSC member and former NSSO chief, said the MCA-21 database did not receive the scrutiny it should have. A spokesperson for the ministry of statistics and programme implementation did not comment on the implications for the GDP series.

Source: Mint May 07, 2019 17:48 UTC