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'GDP Reset to Capture Gig Sector'
Forbes India
|February 20, 2026
Saurabh Garg, the Ministry of Statistics and Programme Implementation secretary, on new framework to measure gig economy and digital commerce
Q India has long been criticised for using single deflation. How does the new series address this criticism?
We were always using double deflation in agriculture. This was an issue in manufacturing. We are going to totally do away with that and use double deflation, so that we capture the value added in the manufacturing process, bereft of any changes due to the price rise.
In services also, we would be using either double deflation or the volume extrapolation method, which in effect has the same impact. So, we would be doing away totally with single deflation in the new series.
Q What are some of the indicators for capturing the gig economy?
Diese Geschichte stammt aus der February 20, 2026-Ausgabe von Forbes India.
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