India's Dodgy GDP and Unemployment Data

choi

Anirban Nag and and Ronojoy Mazumdar with Vrishi Beniwal, India's Economic Stats Have a Credibility Problem. Bloomberg BusinessWeek, July 29, 2019
https://www.bloomberg.com/news/a ... s-growth-statistics
("An academic paper by a former chief economic adviser to Prime Minister Narendra Modi estimates annual growth averaged closer to 4.5% [official data: 6.7%; both figures are average] a year in the fiscal years from 2011-12 through 2016-17 * * * The data controversy, which has been widely aired in the national press, is a blow to Modi, who’s set his sights on making India a $5 trillion economy")

My comment:
(a)
(i) summary underneath the title in print: Gross domestic product figures and unemployment data are vulnerable to political manipulation
(ii) Print and the online version are identical.
(b) Arvind Subramanian
https://en.wikipedia.org/wiki/Arvind_Subramanian
(1959- ; Chief Economic Adviser to the Government of India 2014 - 2018)
(c) the paper:
Arvind Subramanian, India's GDP Mis-estimation: Likelihood, Magnitudes, Mechanisms, and Implications. Center for International Development (CID), John F Kennedy School of Government, Harvard University, June 2019 (CID eorking paper No 354)
(d) There is no need to read the rest.