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The Economic Times
The Economic Times
Swaminathan S Anklesaria Aiyar

Estimating is not fudging: Decoding the needless jump from 'GDP is estimated' to 'GDP can't be trusted'

Some non-experts contest India's GDP data - such as the recent release of Q1 data for FY27 - because they themselves don't feel conditions are good. That is a subjective assessment of what should be objective. But some experts have a more serious complaint: that too much of India's GDP is based on obsolete modelling rather than actual measurements.

There is just one problem. No country actually measures GDP. They all estimate it, not just India.

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