Updated November 28th, 2018 at 19:56 IST

Government revises downwards GDP growth data during UPA regime

The government on Wednesday lowered the GDP growth rates for a majority of the previous 10 years of the UPA regime, saying the data has been recalibrated to reflect a more appropriate picture of the economy

Reported by: Press Trust Of India
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The government on Wednesday lowered the GDP growth rates for a majority of the previous 10 years of the UPA regime, saying the data has been recalibrated to reflect a more appropriate picture of the economy.

The GDP growth rates for FY 2006-12 have been revised using new back series data, Chief Statistician Pravin Srivastava said at a press conference here.

As per the data released by the Central Statistics Office (CSO), the economy in 2010-11 grew by 8.5 per cent and not 10.3 per cent estimated earlier. 

The Niti Aayog's vice chairman Rajiv Kumar stated:

 

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Published November 28th, 2018 at 19:45 IST