Does GDP data also make a holiday? India admits to scatter next monstrous lie eventually! Did troubl

Go several years, indian economy year add fast be in all the time 7% fluctuation, increase the fastest large economy put oneself in another's position for the whole world. However, the gun is hit odd bird, it is under the GDP growth data with unusually tall India, also draw sound of a big doubt eventually. On May 9, according to Reuter report, more and more economist and investor make clear, they believe official economy data of India scarcely.

Does GDP data also make a holiday? India admits to scatter next monstrous lie eventually! Did troublesome issue come?

According to the report, last year in December, when Indian home conducts major activity, indian government rejects to publish obtain employment data, but an official report that divulges Indian media shows, the unemployment rate at that time already touched the top level that comes 45 years. As we have learned, come for years, the outside suspects the statistical data of Indian government is enough and objective all the time, even somebody suspects the government is in these interesting data " moved " of hands or feet.

It is reported, this year Feburary, statistical bureau releases correction data in the center of India, indian 2017-2018 money year (came in April 2017 in March 2018) economic increase rate from now on before 6.7% on move to 7.2% . In oppugning sound, india also begins to admit its data collects existence blemish. The report says, a research of Indian statistic branch discovers, up to 12 months June 2017, the company that there are 36 % in the database that uses in GDP computation cannot be tracked or be classified by the mistake.

Does GDP data also make a holiday? India admits to scatter next monstrous lie eventually! Did troublesome issue come?

Insider discloses, 2016/17 year, india is returned GDP increase rate from 6.7% on move to 8.2% . Wrong to this, indian statistic branch returns the earth's surface of one is assured and bold with justice to show however, these data mistakes do not have an influence to GDP estimation. India perhaps can hold this kind of " in the arms to cheat the idea of own " to expand economy, draw a series of troublesome issues however however, numerous and overseas investor expresses intense dissatisfaction in succession.

Original, as a result of the " that be tricked by " of GDP data place, a lot of electric power produce business to invest, the plant plant that builds newly now can be used only 60% , be about to be faced with go bankrupt. The development business of estate domain also shows, the likelihood needs 3 to 4 years ability clears Xin Deli and its are circumjacent the area makes an appointment with 500 thousand not the unit of work off, these units build the hypothesis that works in urban district good-paying over.

Does GDP data also make a holiday? India admits to scatter next monstrous lie eventually! Did troublesome issue come?

Not acknowledge a mistake to Indian government refus manner, the bank of its home, brain trust and economist people look in the eye, direct " is disinclined and this branch argues " , they express, changing direction use replace data origin, what found oneself below certain circumstance is fiducial will measure Indian economy.

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