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

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.

Kanhaiya Singh, R P Katyal
Apr 2015

Environment, Macroeconomics, Urban