One of the biggest headlines in the last few days has been about whether India genuinely has the GDP growth rate that the government says we do. Arvind Subramanian, the former Chief Economic Advisor to the government, has, in article, said that India wasn't growing at 7 per cent. It was growing at about 4.5 per cent. Mr Subramanian says no political motives can be ascribed to his study which he has down at Harvard in the US. Now, the government has responded - they've said India follows meticulous standards in coming out with data. But let's look all around us - the job numbers indicate a slowdown. The auto sector, a huge contributor to GDP is in deep trouble and more than 100 experts have said that there is something wrong with the data that India is generating.
