Gross Value Added

Gross Value Added News

Sorry Chidu, your 6.9 percent GDP growth in 2013-14 may also be fiction
Business

Sorry Chidu, your 6.9 percent GDP growth in 2013-14 may also be fiction

Few economists believed the new GDP data which showed tigerish GDP growth of 6.9 percent in 2013-14. It now seems that there could have been a goof-up where corporate value-added data may have been overestimated

FY15 GDP likely to grow 7.4%: India equals China but numbers tell a different tale
Business

FY15 GDP likely to grow 7.4%: India equals China but numbers tell a different tale

The celebrations can perhaps wait a bit till the GDP numbers achieve the desired correlation with other critical factors in the economy and become more convincing

If GDP jumped to 6.9 percent in 2013-14, how did UPA lose badly?
Business

If GDP jumped to 6.9 percent in 2013-14, how did UPA lose badly?

The new gross value added method of calculating GDP, announced on 30 January, shows that growth was up sharply in 2013-14 compared to the earlier computation. The UPA still lost because the people did not feel the revival taking shape

At 6.9% growth, new GDP formula gives Chidu's budget a post-facto boost
Business

At 6.9% growth, new GDP formula gives Chidu's budget a post-facto boost

The government is planning to change the method of calculating GDP from this year. This will impact growth and deficit numbers marginally.

New formula: Base year for GDP changed, economy grew at 6.9% in 2013-14
Economy

New formula: Base year for GDP changed, economy grew at 6.9% in 2013-14

The change in the base year and also the conceptual framework, the release said, "will improve ease of understanding (data) for analysis and facilitate international compatibility".