India is about to reset its economic clock; it’s overhauling how it measures GDP. By the end of next month, it will announce major changes to its GDP measurement system. To understand what’s coming, let’s see just how messy the current system is. Today, India is among the world’s fastest-growing large economies, the fourth-largest by […]

When a recent IMF report sparked debate about India’s gross domestic product (GDP), the discussion spilled into my undergraduate WhatsApp group. The group members are sharp, accomplished engineers, but many are unfamiliar with issues related to GDP; I realized I know more about the topic than some of them do. It’s all about the background; […]