Balaji Viswanathan, has a management degree and teaches business courses.

Originally Answered: Why are many economists skeptical about India's recent growth rate claims?

Nobody likes change. Any change brings suspicion and skepticism [a great book on this is "Who moved my cheese?]. When India moved to a more GDP calculating mechanism, of course there were these impediments to change. Especially when the growth numbers make the economy look good when the world economy is in doldrums, there will be suspicions. Especially when the growth numbers look high after a new government rode to power, there will be skepticism.

为什么许多经济学家对印度最近的增长率持怀疑态度?

没人喜欢变化。任何变化都会带来质疑和怀疑(一本关于这方面的巨著是《谁动了我的奶酪?》)。当印度转向一种更注重GDP计算的机制时，肯定会面临障碍。特别是当世界经济低迷，而这些经济增长数据却让印度经济在看起来不错时，人们就会产生怀疑。尤其是当新政府上台后，经济增长数据看起来很高时，人们便会产生怀疑。

We should worry more when nobody raises questions. That would mean nobody cares [do you really care about the growth metric Somaliland or South Sudan uses?]

没人提出质疑，我们才应该更加担心。没人质疑意味着没有人在意你(你会在意索马里兰或南苏丹采用的增长指标吗?)

A few weeks ago there was a big hullabaloo that the RBI chief doesn't trust the GDP numbers. Rajan quickly clarified that he was misquoted - Never doubted new GDP numbers, says Raghuram Rajan - but you care only about those stories that fit your prejudice.

几周前，传言印度央行行长Rajan 不相信GDP数据，引发了一场大骚动。拉詹很快澄清说，他的话被错误引用了，他从未质疑过新的GDP数据。

A lot of people raised questions on shrinking PMI etc, but don't want to see the fact that service sector growth is extremely good. I have more aspects on whether Indian economy looks good or not: With fall in imports & exports, low PMI, rising inflation, and depreciating rupee; how can the Indian Government still expect GDP growth at 7.4%?

很多人对不断降低的采购经理人指数提出了质疑，但他们却不愿看到服务业增长迅猛的事实。关于印度经济我有更多的看法：进出口下滑、采购经理人指数低、通胀上升、卢比贬值，印度政府怎么还能指望GDP增长7.4%?

Plenty of business observors have also now grown comfortable with the new metric - India's Change In GDP Calculation Method Seems Highly Sensible - Other countries are also using better methods to calculate now - http://thebricspost.com/after-in...

如今，许多商业观察人士也对新的衡量标准感到满意，印度GDP计算方法的改变似乎非常明智，其他国家也在使用更好的方法进行计算——http://thebricspost.com/afterin.。

Any major change will take years to be fully understood and integrated. For now, almost all major global organizations like the IMF, OECD and World Bank are comfortable using India's calculations.

任何重大变化都需要数年时间才能被充分理解和融合。目前，包括国际货币基金组织、经合组织和世界银行在内的几乎所有主要全球组织都乐于使用印度的计算方法。

Kunal Jain

Okay so india’s GDP growth is quite good right but do you know the major factors for our gdp growth

We all are very proud of our GDP growth

India being one of the most progressive country when it comes to Growth amd development statistic

But at what expense ?

The goods we produced all are provided by nature

The chemicals are deployed into the rivers

Paol river of india is 4th most polluted river on earth why ?

Cause The leather factories around it easily deployed their wastage in the river

Why does the govt not taking actions against it ?

Because it provides the government Capital which eventually Leads To increase in our GDP

Now the most shocking fact is India has used around 20 thousand crore rupees for cleaning ganga river

still Its far from being a clean river

But the fact that the money we used for cleaning rivers and afforestation is added to growth of our GDP

Yes you heard it right

Money we are using to clean river increases our GDP rate and the same river is polluted by Industries Which is also increasing our GDP

its like a cycle

Industries pollutes the river

Gdp increases

Then Govt invest money in cleaning them hence river deveolepment so There by,

GDP increases

印度的GDP增长率相当不错，但是你知道我们GDP增长的主要因素吗？

我们都为我们的GDP增长感到自豪。在增长和发展统计方面，印度是最进步的国家之一。但代价是什么呢?我们生产的所有产品都是由大自然提供的，这些化学品排入到了河流中，恒河是地球上第四大污染最严重的河流，为什么?

因为它周围的皮革工厂都把废料排入河里，为什么政府不采取行动?因为它们为政府提供资本，最终带来GDP增长。现在最令人震惊的事实是，印度用了大约2000亿卢比清理恒河，但还远没达到干净的程度。事实上，我们用于清理河流和植树造林的资金也计入了GDP的增长。是的，你没听错，我们用于清理河流的资金提高了GDP增长率，同样的河流被工业污染，这也增加了我们的GDP

这就像一个循环，工业污染了这条河，促进GDP增长，然后政府投资清理河流，进一步促进GDP增长。.

Swathi Ramesh Kumar, works at Salem, Tamil Nadu, India

These GDP forecasts are all hypes propagated by elitist rulers to fool the people and they are not actully real and correct.

Govts own nothing, govts collect taxes aggressively from people to expand their control over the private property of citizens.

In a free market, trade does not happen between nations rather it takes place between individuals who involve in voluntary transactions(exchange of goods and services).

Any intervention of govt into economy will distort the markets decourage competition and hamper free trade.

A country which has high level of economic freedom does not care about GDP statistics and other "statist economic projections".

这些GDP预测都是精英统治者为了愚弄人民而炒作出来的，它们不是真实的，也不是正确的。政府一无所有，从人民身上征收重税以扩大对公民私有财产的控制。在自由市场中，贸易不是发生在国家之间，而是发生在参与自愿交易(商品和服务交换)的个人之间。政府对经济的任何干预都会扭曲市场竞争，阻碍自由贸易。一个拥有高度经济自由的国家并不关心GDP统计和其他“统计经济预测”。

Siddharth Pathak

The reason is simply due to the fact that every single country fudges its numbers. The mighty United States to the rice rich Khmer nation of Cambodia, all fudge and "smooth" their numbers. India is no different.

The reason why India rises above the page to catch people's attention is that it's growth strikes out in a time when the entire developed world + are slowing down. That region is caught in the abyss of too much debt and too little growth - the combination of which causes the slowing growth to feel like a downright recession.

As India is the fastest growing (as per the "fudged" numbers) major economy now, the eyes are on the country and naturally they are going to be poking their eyes on it

原因很简单，因为每个国家都在捏造数据。从强大的美国到盛产大米的高棉国家柬埔寨，都在捏造数据，印度也不例外。

印度之所以能脱颖而出引起人们的注意，是因为在所有发达国家和的经济都在放缓之际，印度经济却出现了增长。这些地区深陷债务过多、增长过少的深渊，这两者的结合导致增长放缓，让人感觉像是彻头彻尾的衰退。

由于印度是目前增长最快的主要经济体(根据“捏造”的数字)，人们的目光都集中在这个国家上，自然会对它指指点点。

Narasimha Reddy Donthi, policy observer

As I mentioned before GDP calculation have all the elements of wrongdoing, genuine and deliberate. Not only me, RBI Governor himself is saying that.

I have not seen an explanation of how Indian GDP growth rate is rising despite global commodity price fall and many other international negative economic trends. Within India, unemployment is on the rise. Inflation is not going under. Government is not willing to help in reduction of fuel prices. There is no plausible reason for such refusal.

There is some internal hollowness in Indian economy, which is not being revealed by GDP-linked economic indicators. Recent change in the method of GDP has also not helped. Wonderfully, despite severe drought conditions in 10 States, water shortages across India, and plummeting of cultivation, our GDP growth rate is consistent. Economists and politicians attribute it to 'robustness and strength'. But, there is no dissection of this robustness and strength. I would be happy if I can come across such an explanation.

正如我之前提到的，GDP计算包含了所有不当行为的因素，真实的和故意的。不仅是我，印度央行行长本人也这么说。

在全球大宗商品价格下跌，国际经济趋势放缓之际，印度GDP增速时如何上升的？我没有看到任何解释。在印度，失业率正在上升，通货膨胀没有下降，政府不愿意帮助降低燃料价格。没有合理的增长理由。

印度经济内部存在一些空洞，GDP相关经济指标并未揭示这一点。近期改变GDP算法也无济于事。令人惊奇的是，尽管10个邦出现了严重的干旱，各地出现了水资源短缺，耕地锐减，但我们的GDP增度却是始终如一。经济学家和政界人士将其归因于经济“强劲”。但是，没有对此进行剖析。如果能看到这样的解释，我会很高兴的。

Anonymous

No, it is just other countries, especially , are using an old method of GDP computing which tends to yield lower growth rate than India. In other words, India is not overestimating, but the claim that India grow faster than others, especially , is likely to be an overestimation.

不，是其他国家，尤其是，在使用一种传统的GDP计算方法，这种方法倾向于算出比印度低的增长率。换句话说，印度并没有高估自己的GDP增长率，但声称印度经济增长快于其他国家(尤其是)的说法可能是有点高估自己了