The gap in manufacturing sector GVA
Early this year, the National Statistical Office (NSO) released the new series of the National Accounts Statistics (NAS). It shows that the manufacturing sector’s gross value added (GVA) is ₹38.6 lakh crore (₹38.6 trillion), constituting 14.7 per cent of GDP (gross domestic product) for the year 2023-24 at current prices. How reliable is the official…