WebAug 18, 2024 · If calculated based on the new series, the GDP growth on market prices in 2007-’08 would be 10.23%, higher than 9.80% according to the old series. The number is 10.78% for 2010-’11. WebJan 3, 2024 · Last year, the Ministry of Statistics and Programme Implementation (MoSPI) and Niti Aayog were criticised over the back series GDP data, which showed that …
Back series GDP data captured structural changes in the …
WebAug 19, 2024 · As per the calculations, from 1994-95 to 2002-03, GDP growth under the new series was lower than estimates under the old series, while between 2003-04 to 2011-12, the economy has grown faster than ... WebJan 4, 2024 · "The estimates of back series are better representative of macro economic aggregates of the period for which the estimates have been released," Singh said in a written reply in the Rajya Sabha. haven\u0027t smoked in a month
Data Ministry of Statistics and Program Implementation
WebAug 19, 2024 · The Ministry of Statistics and Programme Implementation (MoSPI) has been regularly bringing out macro-economic aggregates and indicators. ... The Committee on Real Sector Statistics also looked at the issue of data challenges in bringing out the Back Series of GDP (Base 2011-12) as several new sources had been used in the … WebDec 1, 2024 · Trends shown by the official back-data suggest that the old series under-estimated the impact of the global financial crisis on the Indian economy. It also over-estimated the rebound from the crisis. The new data release shows that GDP growth during 2004 - 2014 averaged 6.7%, compared with the 8.1% (2004-2009) and 7.46% (2009 … WebDec 1, 2024 · It is the sum of private consumption, gross investment in the economy, government investment, government spending and net foreign trade (difference between … born on 10th august