Death of data discipline

The government’s chief statistician, T C A Anant, had the embarrassing duty of informing the public that the January figures for the index of industrial production or IIP were, in fact, a massive overestimate. “It has been detected at the time of compilation of IIP for the month of February, 2012,” his statement read, “that during the compilation of IIP for January, 2012, the sugar production was wrongly taken as 134.08 lakh tonnes in place of actual figure of 58.09 lakh tonnes.

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