A few days after Advance Estimates (AE) showed that the expansion in gross domestic product (GDP) is set to decline to a four-year low of 6.5 per cent in 2017-18, Chief Statistician T C A Anant tells Dilasha Seth & Indivjal Dhasmana the data showed there was continued growth momentum. Edited excerpts: Why do you say AE of GDP for 2017-18 are conservative? I am using the word “conservative” in a different context.
Statistical forecast, especially in this case, is based on available data. Mostly, the data comprises Actual Estimates, whether in advance corporate ...
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First Published: Wed, January 10 2018. 01:39 IST
