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1-min read

Govt Revises Downwards GDP Growth Data During UPA Regime

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

PTI

Updated:November 28, 2018, 7:52 PM IST
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Govt Revises Downwards GDP Growth Data During UPA Regime
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New Delhi The government 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% and not 10.3% estimated earlier.

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