Lok Sabha Question No. 24 (STARRED), answered on 2018-12-12
Subject: Committee on Real Sector Statistics
Ministry: STATISTICS AND PROGRAMME IMPLEMENTATION
Asked by: ANANDRAO  ADSUL, PRITAM GOPINATH MUNDE

## GOVERNMENT OF INDIA

## MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION

## LOK SABHA STARRED QUESTION NO.*24

TO BE ANSWERED ON WEDNESDAY, THE 12 TH   DECEMBER, 2018

## COMMITTEE ON REAL SECTOR STATISTICS

- *24 . SHRI ANANDRAO ADSUL: DR. PRITAM GOPINATH MUNDE:

Will the Minister of STATISTICS AND PROGRAMME IMPLEMENTATION be pleased to state:

- a) whether it is a fact that Committee on Real Sector Statistics appointed by the National Statistical Commission had earlier estimated  that  the  economy  grew  at  a  faster  pace  during 2005-06 to 2013-14 as compared to years 2014-15 to 2017-18;
- b) if so, the facts thereof;
- c) whether the Government proposes  to release the  GDP back series;
- d) if so, the reasons therefor; and
- e) the time by which the  GDP back series will be released ?

## ANSWER

MINISTER OF STATISTICS AND PROGRAMME IMPLEMENTATION &  MINISTER  OF  CHEMICAL  AND  FERTILIZERS  (SHRI  D.  V. SADANANDA GOWDA)

- (a) to (e)  A Statement is laid on the Table of the House.

Statement  referred  to  in  reply  to  parts  (a)  to  (e)  of  Lok  Sabha Starred  Question    No.  *24  for  12 th     December,  2018  by  SHRI ANANDRAO ADSUL and DR. PRITAM GOPINATH  MUNDE  regarding Committee on Real Sector Statistics.

(a) &(b): The Committee on Real Sector Statistics, appointed by National Statistical Commission (NSC), had undertaken an exercise as per which the average growth rate was estimated  using  the  production  shift  approach  under certain  assumptions.  The  growth  rates  estimated  by the Committee for the period 2005-06 to 2013-14 are as under:

| Real Sector Statistics Committee GDP growth at Market Prices (2011-12 base)   | Real Sector Statistics Committee GDP growth at Market Prices (2011-12 base)   |
|-------------------------------------------------------------------------------|-------------------------------------------------------------------------------|
| Years                                                                         | growth rate (in %)                                                            |
| 2005-06                                                                       | 9.6                                                                           |
| 2006-07                                                                       | 9.7                                                                           |
| 2007-08                                                                       | 10.2                                                                          |
| 2008-09                                                                       | 4.2                                                                           |
| 2009-10                                                                       | 8.8                                                                           |
| 2010-11                                                                       | 10.8                                                                          |
| 2011-12                                                                       | 7.0                                                                           |
| 2012-13                                                                       | 5.5                                                                           |
| 2013-14                                                                       | 6.4                                                                           |
| Average GR (2005- 06 to 2013-14)                                              | 8.0                                                                           |

Further, the GDP Growth rates released by CSO during the period 2014-15 to 2017-18, are as under:

| GDP growth at Constant prices (2011-12 base) as per CSO's estimates   | GDP growth at Constant prices (2011-12 base) as per CSO's estimates   |
|-----------------------------------------------------------------------|-----------------------------------------------------------------------|
| Year                                                                  | Growth Rate (in %)                                                    |
| 2014-15                                                               | 7.4                                                                   |
| 2015-16                                                               | 8.2                                                                   |
| 2016-17                                                               | 7.1                                                                   |
| 2017-18                                                               | 6.7                                                                   |
| Average GR (2014-15 to 2017-18)                                       | 7.3                                                                   |

The  methodology  used  by  the  Commitee  on  Real  Sector Statistics is different from that used by CSO in its releases and thus the Growth Rates are not comparable.

(c),(d)&(e): The Government of India vide its Press Release dated 28-11-2018 has released the official estimates of BackSeries  for  the  years  2004-05  to  2010-11  with  the revised base year 2011-12. The Back-Series estimates are required for comparability  of  earlier  data  series  (2004-05  base) based  on  changed  methodology,  data  sources  and coverage used in the revised base year 2011-12.

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