business ๐ง Why Indian GDP numbers are always debated
The government recently announced that India's GDP grew by 7.8% in the first quarter of FY 2026-27, according to Prime Minister Narendra Modi. This figure was presented by the Union Government in August 2026, while the Opposition claims the data is misleading. Former Finance Secretary Saurabh Garg alleged the nominal growth was only 2.6% based on differing base years. This controversy echoes past debates, such as the 2018 back-series revision affecting UPA era figures. The government maintains its calculations align with international standards despite ongoing political pushback. ๐