1–2 minutes
Based on the paper “India’s 20 years of GDP misestimation: New evidence” by authors Abhishek Anand (Madras Institute of Development Studies), Josh Felman (JH Consulting) and Arvind Subramanian (Peterson Institute for International Economics).
The authors — Abhishek Anand (Madras Institute of Development Studies), Josh Felman (JH Consulting) and Arvind Subramanian (Peterson Institute for International Economics) — imply India’s post-2011 GDP growth was structurally overstated by ~1.5–2.0% due to deflator and informal-sector mismeasurement, forcing investors to haircut cyclical exposures, reassess consumption-driven bets, and price in policy recalibration risks.