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Back series GDP figures are not official estimates; formal data will be released later, says Statistics Ministry

Updated : August 20, 2018 08:54 AM IST

As per the back series data on GDP based on the report of Committee on Real Sector Statistics, Indian economy clocked a 10.08 percent growth rate in 2006-07 under the then prime minister Manmohan Singh, the highest since liberalisation of the economy in 1991.
Commenting on the back series data, senior Congress leader P Chidambaram had said the UPA governments delivered the best ever decadal growth and lifted 140 million out of poverty.
Niti Aayog vice-chairman Rajiv Kumar attributed the high growth achieved during the UPA government to untenable fiscal deficit and reckless expansion of bank credit that led to dramatic economic collapse.
Back series GDP figures are not official estimates; formal data will be released later, says Statistics Ministry

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