Govt revises FY17 GVA growth to 7.1% from 6.6% earlier: Experts discuss

The Central Statistics office said the Indian economy grew at 7.1 percent in 2016-17. The current set of data is updated after taking into account a wider range of numbers including the employment data from the annual survey of India.

The statistics office provisional estimates showed that Gross Value Added (GVA) grew 7.1 percent in 2016-17. It was 6.6% earlier.

Economists DK Joshi, Chief Economist, Crisil and Soumya Kanti Ghosh, Chief Economic Advisor, State Bank of India in an interview to CNBC-TV18 discuss the revised numbers.