India Overstated Exports by $9 Billion Due to ‘Double Counting’

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P. Rajah

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Dec 9, 2011, 8:54:31 PM12/9/11
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India Overstated Exports by $9 Billion Due to ‘Double Counting’

“The global economy isn’t doing well, so it was hard to understand how
India was posting such fantastic export numbers,” said Biswajit Dhar,
director of New Delhi-based Research and Information System for
Developing Countries. “There were reasons to believe something was going
wrong.”
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