India statistics secretary defends GDP revisions and latest growth estimate
India’s statistics secretary said revisions to recent GDP data reflect more granular price data and additional sources, not systematic bias. He defended the latest GDP growth estimate of 7.8%.
By Shubham BatraIndia's statistics secretary defended the country's latest 7.8% growth estimate and large revisions to recent GDP data, saying the changes reflected the use of more granular price data and additional sources rather than any systematic bias in the numbers.Statistics Secretary Saurab…