India’s revised GDP estimates and the methodology used to compile them are being defended by former chief economic adviser Krishnamurthy V. Subramanian. He rejects claims from the Opposition that the government deliberately revised last year’s GDP downward to make this year’s growth rate appear higher.
Subramanian says the updated approach reflects advanced, “cutting-edge” practices rather than manipulation. The dispute centers on how changes to national accounts—particularly the revision of base-year or prior-period figures—affect reported growth rates year to year. Opposition statements frame the revisions as politically motivated, while Subramanian argues they are consistent with improved measurement techniques.
Across the coverage, the core point is that the government’s methodology for GDP is challenged by critics and defended by Subramanian. The reporting emphasizes his dismissal of the allegation and his view that the methodology is modern and technically sound.
