Mentor’s comment-
- https://indianexpress.com/
article/opinion/columns/gdp- data-indian-economic-recovery- 7704719/ - In the intro, mention that the current series was released by NSO in 2015 using 2011-12 as a base year.
- In the issues mention the double deflation problem, absence of updating of sectoral weight, disproportionate impact on unorganised sector not taken into account.
- Conclude by mentioning the need to take into account these factors to arrive at GDP figures.
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Nandhini
Nice answer. You have covered most points. Content and understanding is good.
In intro, you can mention that the current series was released in 2015 by NSO.
Good that you have written a way forward.
Conclusion is good. Keep practicing. 🙂
Please review
Alka
Decent attempt. More or less you have covered the points. Intro is good.
Double deflation can be explained a bit better, you can explain how it leads to overestimation as well as underestimation.
Other points are good.
Try to mention a way forward in GS2, GS3 questions.
Conclusion is fine.
Keep practicing. 🙂
@staff
Aarti
Please mention reference ID.
Introduction is fine. In next part, elaborate upon the points a bit as this part is the crux of the answer. Use key terms like in 1st point, mention absence of double deflation, next mention about lack of sectoral weight revision ( use the example of IT industry etc).
Also mention some recent factors which have effected the unorganized sector in a more adverse manner such as demonetisation, GST, pandemic etc.
Next part about relationship between GDP and economic recovery can be kept short.
Try to write a brief way forward.
Conclusion is fine.
Keep practicing. 🙂