The finance standing committee of Parliament on Tuesday failed to adopt two reports critical of the government -on demonetisation and on the revised formula for calculating growth -in the face of vocal opposition by BJP and some non-NDA parties. The report on demonetisation, circulated in the morning ahead of the committee meeting, said the measure had cost the economy 1% of GDP . The other report said the National Sample Survey Office's new series for GDP had resulted in inaccurate and inflated growth statistics.
The finance standing committee of Parliament on Tuesday failed to adopt two reports critical of the government -on demonetisation and on the revised formula for calculating growth -in the face of vocal opposition by BJP and some non-NDA parties. The report on demonetisation, circulated in the morning ahead of the committee meeting, said the measure had cost the economy 1% of GDP . The other report said the National Sample Survey Office's new series for GDP had resulted in inaccurate and inflated growth statistics.
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