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GDP Back Series Data: Truth Vs Hype (Part 1) | CNBC TV18

882 views · Published 20 August 2018 · 11:50 · Indexed 14 November 2026

Channel: CNBC-TV18 · 2018 · News & Politics

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Did the Economy grow faster under the last UPA-2 government under Manmohan Singh than the current Modi government? A panel of Economists and Government officials called the Committee on Real Sector Statistics presented its report late last week and it basically gave the back series of GDP figures as per the new base year of 2010-11. The report suggests that average growth rate during UPA 1 was 8.4% and that during UPA-2 was 7.7%, compare this to the current Modi Government under which the average growth rate is 7.3%. We have the Chairman of the Committee Sudipto Mundle, Emeritus Professor at the National Institute of Public Policy and Finance to discuss more about this with Latha Venkatesh. Also you can watch what other economists like Soumya Kanti Ghosh of SBI, Former Chief Statistician Of India TCA Anant and A Prasanna from ICICI Securities had to say about it.

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