Investments in Indian Equity and Research > Indian Economy, Macro, RBI Policies

Never Trust Govt GDP - Build Your Own

(1/1)

resh:
WE Never Trust the Government GDP Number which has very high margin of error and is potentially misleading for Political Gains. So we borrowed an idea from Keqiang Index which was created by Chinese Premier Details Here https://en.wikipedia.org/wiki/Li_Keqiang_Index

Based on India Keqiang Index - What is GDP Growth of India for FY 2016 ?
Keqiang Index for India suggests the Indian economy lost momentum in FY16 v/s FY15 as the Performance of Key Components is as Under.

1. Motor Vehicle Sales up 3% only [9% in FY 2015]
2. Power Generated up 4% [7% in FY 2015]
3. Cargo Handled up 7% [11% in FY 2015]

You can also include Bank Loan Disbursed as the 4th Parameter and see the performance yourself and never trust the Government :-)

Navigation

[0] Message Index