Wednesday, April 21, 2021
Home Reports Meet the "Alt Math": GDP numbers and The Telegraph's war on subtraction

Meet the “Alt Math”: GDP numbers and The Telegraph’s war on subtraction

Also Read

Abhishek Banerjeehttps://dynastycrooks.wordpress.com/
Abhishek Banerjee is a math lover who may or may not be an Associate Professor at IISc Bangalore. He is the author of Operation Johar - A Love Story, a novel on the pain of left wing terror in Jharkhand, available on Amazon here.  

Certain Harvard and Cambridge economists and their derivatives in India have been facing a stormy time ever since India’s headline GDP number for the last quarter was discovered to be a solid 7%. By the way, I found this compilation on Twitter of various headlines from “news” organizations. Without looking at the labels on top, see if you can spot which headline came from NDTV:

Untitled.png

This is a problem, since the world’s most reputed economist had already projected a fall of 2% in India’s GDP growth to a rousing reception by the chattering classes.

untitled

Retrofitting reality to conform to the oracle’s predictions can be a bit of a sweat. You know, there was a time when this country would struggle to reach a growth rate of 2%. I wonder sometimes what Dr. Singh would have to say about that.

untitled

But then, I didn’t go to Cambridge University. Not even to the Lennox Cook School.

Nevertheless, the release of GDP numbers gave an impetus to the retrofitting industry in the Indian media. Here is some of that good old Orwellian awesomeness from The Telegraph.

altmath.png

Who wrote this story? A “special correspondent” of course. Well, he or she must be really really special. Let’s read the underlined sentence again: The estimate was cut to 28,30,760 crore from 28,52,339 crore, thus making the estimate go 1,75,554 crore lower.

Wait. What does the calculator say?

untitled

Hmmm… 2852339 – 2830760 is merely 21,579 instead of the 1,75,554 that I should be getting. Clearly, I am in need of a different calculator to process the “Alt Math” of the left. As you can see, Modi as PM has been a disaster for arithmetic.

untitled

Theek hai!

  Support Us  

OpIndia is not rich like the mainstream media. Even a small contribution by you will help us keep running. Consider making a voluntary payment.

Trending now

Abhishek Banerjeehttps://dynastycrooks.wordpress.com/
Abhishek Banerjee is a math lover who may or may not be an Associate Professor at IISc Bangalore. He is the author of Operation Johar - A Love Story, a novel on the pain of left wing terror in Jharkhand, available on Amazon here.  

Latest News

Recently Popular

Jallikattu – the popular sentiment & ‘The Kiss of Judas Bull’ incident

A contrarian view on the issue being hotly debated.

Kumbh, elections and atmnirbhar COVID

What does the central government want to communicate to its constituencies? Is it that elections are more important than the lives of its citizens?

How West Bengal was destroyed

WB has graduated in political violence, political corruption and goonda-raj for too long. Communist and TMC have successfully destroyed the state in last 45 to 50 years.

The story of Lord Jagannath and Krishna’s heart

But do we really know the significance of this temple and the story behind the incomplete idols of Lord Jagannath, Lord Balabhadra and Maa Shubhadra?

A revisit of the philosophy of Hinduism as described by Ambedkar

Hindu philosophy by Ambedkar was an economist's interpretation of Hinduism.