Published On: Fri, Jan 29th, 2016

Never doubted new GDP numbers, says RBI Guv Rajan

New Delhi: A day after stating that “there are problems with the way we count GDP”, RBI Governor Raghuram Rajan today said he has never raised doubts over the GDP numbers and they are broadly correct.

RBI Governor Raghuram Rajan today said he has never raised doubts over the GDP numbers.

RBI Governor Raghuram Rajan today said he has never raised doubts over the GDP numbers.

“It was not anything about new GDP numbers or the way GDP is calculated. I think it’s broadly correct,” Rajan said while delivering the C D Deshmukh Memorial Lecture here.

Observing that there are “no hidden messages” in his lectures, he said: “You do not have to gauge intent. I am direct when I speak”.

These comments follow another lecture Rajan gave yesterday in Mumbai before the students of the RBI-promoted Indira Gandhi Institute of Development Research, wherein he had said, “There are problems with the way we count GDP which is why we need to be careful sometimes just talking about growth.

PTI

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