'Animated discussions' on precision of statistical methods: RBI Governor Shaktikanta Das
India | June 28, 2019 21:51 ISTIn a recent paper which came under heavy criticism from the Economic Advisory Council to the Prime Minister, former Chief Economic Adviser Arvind Subramanian had used 17 high-frequency indicators that correlate with the GDP to suggest that India significantly over-estimated its GDP figures from 2011-12 onwards.