India and China are paper tigers who only have a huge Real GDP/Economic growth in their economic data releases but in reality the statistics are cooked up to suit their economic ratings (for loans, credit ratings, etc.)...A classmate of mine who worked for the Stats dept of the Chinese Reserve Bank. said once that there is no way one can avoid a biased reading as China is such a huge country and though villages make a majority of its landshare and popultaion, most of the sample readings are taken in the cities as the time constraint would be too great if they did it correctly. Also, since the task of collecting data is extremely demanding/strenous/time consuming and requires moderate expenses, a lot of the numbers are then estimated to look good enough to be included in the survey reading. What makes me think that India would be any different?? Instead, it may be worse than the above.