NEW DELHI: Economists and investors are increasingly showing that they have little or no confidence in India's official economic data - presenting whoever is elected as the next prime minister with an immediate problem.
Ten economists and analysts at banks, think-tanks and foreign funds interviewed by Reuters said they were moving to use alternative data sources, or at least official data of a different kind. "Our index would suggest that there was stable growth, rather than the rapid acceleration suggested by the GDP figures," he said, referring to three years of data from 2014.
The opposition and other critics have said Modi suppressed jobs data and"massaged" economic growth numbers in an attempt to show that his government has done better than the previous administration.
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