India should adopt transparent methodologies, robust surveys, and simultaneous index updates in GDP calculations to accurately assess the true state of the economy, highlighted a report by Systematix Research.
Speaking at a CII summit, Saurabh Garg, Secretary of the Ministry of Statistics and Programme Implementation, said that the government is leveraging over 300 data sources for GDP calculations and is working to expand their use for data-driven policymaking across various government levels.