Some Anomalies in Indian Data Sets-Tackling Inconsistencies

Tackling Inconsistencies Mala Lalvani A dose look at the data on select aggregates in public finance reveals that a number of accounting changes had been resorted to over the years, making the data series subject to inconsistencies, rendering futile any further research based on these series. In the present study a long time series of fiscal aggregates were subjected to microscopic scrutiny and an attempt made to circumvent the problem posed by the inconsistencies in these time series.