How new GDP series has swung fortunes of states

The economies of poorer states Bihar and Bengal shrunk according to the new series while those of southern states Karnataka and Kerala saw a huge jump

Nikita Kwatra & Pramit Bhattacharya

India’s new methodology of estimating the gross domestic product (GDP) has re-written the fortunes of states, a Mint analysis of the gross state domestic product (GSDP) numbers show. These changes have enormous implications for the borrowing limits of...

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