GDP growth figures overestimated by 2.5%: Ex-CEA

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India’s statistics may have been painting a far rosier picture of economic growth than the more modest reality of the past decade. The nation has held the crown of the world’s fastest-growing major economy until recently, but a new study by former chief economic advisor Arvind Subramanian says the expansion was overestimated between 2011 and 2017.



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