Chidambaram questions government's GDP numbers
Thursday - February 2, 2017 10:26 pm ,
Category : INDIA
New Delhi: Former Finance Minister P. Chidambaram on Thursday put a question mark on the GDP estimate provided during the budget presentation.
"What is the correct nominal GDP number for 2016-17? According to last year's budget documents, the nominal GDP for 2016-17 was estimated at Rs 150,65,010 crore," said Chidambaram at a press conference.
"According to the CSO's press release dated January 6, 2017, the Advance Estimate is Rs 151,92,588 crore. According to the budget presented the revised estimate is Rs 150,75,429 crore. Which number should we believe?" he asked.
--IANS
"What is the correct nominal GDP number for 2016-17? According to last year's budget documents, the nominal GDP for 2016-17 was estimated at Rs 150,65,010 crore," said Chidambaram at a press conference.
"According to the CSO's press release dated January 6, 2017, the Advance Estimate is Rs 151,92,588 crore. According to the budget presented the revised estimate is Rs 150,75,429 crore. Which number should we believe?" he asked.
--IANS
