SBI Ecowrap's report dismissed claims of missing funds in national accounts as unfounded fiction. It emphasized the reliability of Q1 FY27's GDP growth estimates, suggesting that revisions remain a normal statistical practice.
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Dinakar attacks Oppn. over ‘misleading’ GDP growth claims
Japan’s JCR upgrades India’s sovereign rating to A- with a stable outlook after strong 7.8% GDP growth. Here’s what the BBB+ to A- upgrade means.
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The opposition party also asked what methodology was adopted by the government to bring this revision while seeking an explanation for the reduction of ₹43 lakh crore in the estimated size of the economy.
Raghuram Rajan stated he has neither questioned nor endorsed India's GDP growth figures. He expressed confusion over the economy’s growth not leading to increased private investment, FDI, or job creation.
10862160 shipping cargo containers file photo express
Neelkanth Mishra of the World Bank defended India's 7.8% GDP growth, asserting that claims questioning its accuracy are incorrect.
Opposition parties and some experts have questioned the government's latest GDP data. Mint examines the allegations and whether there is any merit to the concerns.
In July 2019, Garg took voluntary retirement from service, a day after he was moved to the Power Ministry in a broader reshuffle just three weeks after the presentation of the Union Budget. Garg's scheduled retirement was in October 2020.
Soumya Kanti Ghosh spoke to NDTV on the GDP growth data.
India recorded 7.8% GDP growth in Q1 FY27, but former finance secretary Subhash Chandra Garg questioned whether the figure reflects the exact reality.
Commerce Minister Piyush Goyal defended the 7.8 per cent quarterly GDP growth number.
Prime Minister Narendra Modi termed the 7.8% GDP growth a "herculean feat"
The RBI revised its FY27 GDP growth forecast to 6.7%. PM Modi emphasized India's 7.8% real GDP growth in Q1 FY27, urging for local consumption and to avoid non-essential spending, noting the importance of conserving foreign exchange for continued growth.
‘Why were last year’s GDP figures revised down?’ Congress cites ex-finance secretary Subhash Garg Telegraph India 'Ministers don't manufacture data': Goyal hits out at critics for questioning GDP figures The Times of India 7.8% GDP growth: PM Modi’s message on spending, ‘Swadeshi’ and self-reliance explained The News Minute If GDP is robust, then...
Congress questions methodology behind the latest GDP figures, with Jairam Ramesh alleging that 'statistical gymnastics’ concealed the underlying weakness of the economy
India's resilient economy defies foreign scepticism, with Q1 GDP growth outpacing expectations at 7.8%, driven by strong investment and fiscal improvements. Despite geopolitical tensions and oil price concerns, India's growth fundamentals show promise.
