No need for political debate over GDP data series: Principal Economic Advisor

Updated:2 months, 3 weeks ago IST

New Delhi, Nov 29 (ANI): Principal Economic Advisor in the Ministry of Finance Sanjeev Sanyal said that there is no need for political controversy on the issue of revised Gross Domestic Product (GDP) data series as it is revised on international basis. Speaking on the issue, Sanyal said, “The Central Statistics Office (CSO) has calculated GDP series on the basis of global standards. So there is no need of political controversy. The decreased numbers in the GDP series have been done according to a set system and on international basis.” The CSO on November 28 released the back series of GDP/GVA for period 2004-05 to 2011-12 with base 2011-12 prices.

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