I think already our GDP is under estimated because a large part of the service sector is left out. I read that in the Financial Express recently. Think about it a plot in Motijheel is worth the same as a plot of land in downtown Tokyo right now. Apartments are selling at 2000Sq ft for around 3-4 crore. Even 5 years ago that would have been crazy. Similarly the GDP only calculates the white economy. With the black economy included the figure actually doubles.
Munshi this is where I agree with you. Our economy needs re-basing, we are behind by 15 years !!!!