Domestic Product at Current and Constant (2004-05) Prices in India: Issues in Estimation of Communication Sector

Domestic Product at Current and Constant (2004-05) Prices in India: Issues in Estimation of Communication Sector

Kanhaiya Singh R P Katyal
April 2015

This paper examines the estimation procedure of domestic product for communication sector in India at constant prices. It is observed that the methods used for estimating domestic product at constant prices suffer from serious flaws with respect to communication sector. When corrected by using a simplified method, it is found that the growth in real terms in communication sectors during 2004-12 is much lower than the reported figures.

National Growth and Macroeconomic Centre Computable General Equilibrium Modelling and Policy Analysis Agriculture and Rural Development States, Sectors, Surveys, and Impact Evaluation