Govt defends 7.8% GDP growth with revised base year
Govt defends 7.8% GDP growth with revised base year. The government clarified that the 7.8% GDP growth is based on a revised base year calculation, updating from 2011-12 to 2017-18 for better accuracy. This revision impacts historical data comparisons and has sparked debate among economists. The new methodology aims to reflect current economic structures more precisely.
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