Keep on waiting for "your time".
Meanwhile, enjoy this debate.
https://defence.pk/pdf/threads/is-i...pinath-fudging-indian-economic-growth.662433/
India is known to fudge its GDP figure. More importantly, if old formula is used, india is already in negative growth as we speak.
LOL. What "old formula" ?
There is NO "old" and "new" formula.
There is only a STANDARD Formula to calculate GDP.
There is a regular Change of base year to estimate price of goods and services and this is done regularly to update prices and use this updated data to make the calculations more accurate.
Why would anyone want to calculate the GDP based on older base year showing older inaccurate prices ?
By that logic, if we take the base year to be 1947 when the price of goods was in paisa and annas, Indian economy will be seen to have shrunk by 1000 %