The third-quarter estimates of gross domestic product (GDP) growth announced by the Central Statistics Office (CSO) have surprised many experts. The CSO said it expected India's GDP to grow 7 per cent in October-December 2016, discounting fears of a major slowdown as a result of demonetisation. For 2016/17, the CSO has projected 7.1 per cent GDP growth. In effect, the estimates suggest that the negative impact of demonetisation will be insignificant. We get four leading economists to solve the mystery of these numbers.
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