Is India’s GDP calculation now a statistical sleight of hand?

Is India’s GDP calculation now a statistical sleight of hand?

The GDP is perhaps the most sacred number produced by a country’s statistical system. It is supposed to be the summary of all that an economy produces, and in India, the Central Statistical Office is in charge of computing it, using established methodology. In 2015, the National Statistical Commission (NSC) approved a big change in how India would calculate its GDP, moving to the use of Gross Value Added (GVA) at basic prices.