The method behind India’s new GDP numbers : Dr. Shubhabrata Das

In their Business Standard article, ‘Understanding double deflation: What it does and why it matters’, Dr. Saurabh Garg, Secretary, Ministry of Statistics & Programme Implementation (MoSPI), and Dr. Shubhabrata Das, Decision Sciences area, IIM Bangalore, demystify the methodology behind India’s new GDP series and explain why “one price index may not be enough” to measure real economic activity.