|12 June, 2019

Indian govt says will examine ex-advisor's finding of overstated GDP growth

India will issue 'point-to-point' rebuttal on the issue in due course

India's chief economic advisor Arvind Subramanian gestures as he addresses the media during a news conference, in New Delhi, India, January 29, 2018.

India's chief economic advisor Arvind Subramanian gestures as he addresses the media during a news conference, in New Delhi, India, January 29, 2018.

Reuters/Adnan Abidi

NEW DELHI - 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.

India 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.

(Reporting by Aftab Ahmed; Editing by Sanjeev Miglani) ((Aftab.Ahmed@thomsonreuters.com; +911149548060;))

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