The government has decided to reform the methods used for calculating the Consumer Price Index (CPI) and Gross Domestic ...
Gross Domestic Product (GDP) is a key indicator that helps us see how strong a country's economy is. It represents the total value of all goods and services made in a country over a specific period, ...
Recently, some methodological issues have been raised related to coverage in National Accounts Statistics (NAS). Key issues include use of an outdated GDP base year (2011-12), periodic discrepancies ...
GDP does not need to be redefined for the AI age. The harder measurement problem is how price indexes account for rapidly changing quality and falling prices.
Assessments of the world’s economies may be off by trillions of dollars. The existing metrics for GDP, consumer prices, productivity, and the like are struggling to match the rapid pace of change in ...
CEA Dr V Anantha Nageswaran has defended the credibility of India's GDP statistics, stating the country doesn't use methodological changes to artificially boost numbers and follows internationally ...
Amidst the ongoing West Asia crisis, the Indian economy is expected to take a hit: the World Bank’s latest projections suggest that the country’s gross domestic product growth could fall to 6.6% in ...
Chief Economic Adviser V Anantha Nageswaran defended India's GDP statistics, stating the country does not artificially ...