Centre Will Issue Point-To-Point Rebuttal To Arvind Subramanians GDP Claims

India’s top ranking economic advisory council will examine former chief economic adviser Arvind Subramanian’s research findings that the country’s economic growth has been overstated, the government said in a statement on Wednesday.

Centre will issue ‘point-to-point’ rebuttal on the issue in due course, the government said.

In a column published in a newspaper earlier this week, Subramanian said his research indicated that the change in the methodology led to GDP growth being overstated by about 2.5 percentage points per year between 2011/12 and 2016/17.