Is Indian economy growing more than actually stated

Looks like it according to KV Kamath
The ex Chairman of ICICI Bank said in Bangalore that
"India is actually growing at 11%-12%. Kamath said the economic data used to compute growth rates are not accurate. As long as we don't have the right statistics, there is a question over the growth rate"
I believe the Indian economic figures are understated.We have a lot of unaccounted economic data involved no doubt in India.People tend to have unaccounted money which does not enter the calculations of the Indian GDP and it is actually higher than the actual statistical data by the Govt and it must be understated and never overstated.The Chinese has an history of overstating their growth and investment figures whereas the Indian govt seems to understate their FDI figures which a bemused foreign economist noted in his article in Financial Times.
India with a corporate top line growth of 20% must lead to a GDP growth greater than the present 8%.

Win a Nano for Family planning

Rajasthan health officials has finally started to do some proactive policy in curbing the Indian population. Giving incentives like Nano,refrigerator,TV Sets etc. For years population is the only reason why India is not a developed country and also the reason why India with double digit growth for the next 40 years still will have around 400 million in poverty in 2050.Curbing the population is the only way we can eradicate poverty as no matter how much we produce it is never going to be enough.We all should encourage such policies like these.
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