Breaking News Economy News 

Row has erupted as revised GDP data slashes growth rate in UPA era

On Wednesday, the government re-estimated the GDP linked to 2011-12 prices. This led to a lowering of the growth rate during the UPA regime according to the revised GDP data. This led the Congress party to slam the government as a desperate attempt of a “defeatist Modi government”. This is to undermine the growth story over the past 15 years. The back series data from 2004-05 to 2011-12 showed that showed that GDP growth rate in 2011-12 has been revised down to 5.2 per cent from the previous 6.6 per…

Read More