FINANCE Minister Fayval Williams on Tuesday responded to concerns raised by the Independent Fiscal Commission about the state of the economy.
At the item level, both prices and methodology remain unchanged, and since the prices are already current, no significant distortion is expected, the Statistics Secretary said ...
India’s economic momentum likely due to slower government spending and weak exports, while technical changes in GDP ...
The sharp uptick was largely due to the impact of GDP deflators, which remained unusually soft, particularly in the primary and secondary sectors ...
The latest GDP series will also see major changes, the most crucial of which will be how nominal GDP is adjusted for price changes to arrive at real GDP. According to economists, India’s real GDP ...
India will shift GDP base year to FY23 and adopt price deflators and double deflation to improve accuracy, reflect structural shifts, and align national accounts with global standards ...
With the shift to a new base year, economists are watching closely to see whether India’s GDP growth will continue to hover ...
India's new GDP series, adopting double deflation and 600 price indicators, enhances accuracy in economic growth estimates.