Economic TimesLean R·
New GDP series uses GST, company data
New Delhi: India’s new gross domestic product series makes greater use of corporate filings, goods and services tax records and labour surveys, the statistics ministry has said in a detailed sources and methodology report for the compilation of GDP.A key change is the increased use of company-level data to estimate activity in the non-financial private corporate sector, according to the report, ‘Sources and Methods for Compilation of National Accounts Statistics’, released on Monday. India intr…
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