homeeconomy News131 CAs debunk claims on govt holding back crucial economic data

131 CAs debunk claims on govt holding back crucial economic data

Amid the rising controversies on the government holding back the reality of the status of the Indian unemployment rate, the chartered accountants debunked the claims made by 108 economists and social scientists, and said the claims made by the latter were 'politically motivated'.

By CNBC-TV18 Mar 19, 2019 6:54:15 AM IST (Updated)


Amid the rising controversies on the government holding back the reality of the status of the Indian unemployment rate, a total of 131 Indian chartered accountants (CAs) debunked the claims made by 108 economists and social scientists, and said the claims made by the latter were 'politically motivated'.
The joint statement of the economists came in the backdrop of controversy over the revision of gross domestic product (GDP) numbers and withholding employment data by the NSSO.
"It is unusual for a particular set to come together to discredit all data and long-standing institutions of eminence. The appeal seems even more devious as the data in respect of GDP,  Poverty Alleviation, Ease of Doing Business, are being duly published even by international agencies including World Bank, IMF, and many others. The international data and independent agencies have clearly confirmed the data being published by government agencies," the CAs argued in their statement.