Key Takeaway
India’s statistical system once commanded respect, and its data on economic and social indicators was considered rigorous – that appears to have erodedThere isn’t much that we Indians agree on these days. GDP numbers are no exception.
Published September 8, 2026 · Category: News
Overview
India’s statistical system once commanded respect, and its data on economic and social indicators was considered rigorous – that appears to have eroded
There isn’t much that we Indians agree on these days. GDP numbers are no exception. Last week, India released glowing GDP numbers for the latest quarter – 7.8% growth – higher than the forecast 7%. It sparked a furore.
Details
Subhash Garg, a former finance secretary under Narendra Modi’s government and now a critic, reframed what Modi called a “herculean feat” as mere smoke and mirrors. According to Garg, the government revised last year’s current-price GDP downwards to inflate this year’s number – he believes the real growth is only 2.6%.
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Source
Originally published at www.theguardian.com.
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What is "Why India’s economic data has sparked a furore" about?+
India’s statistical system once commanded respect, and its data on economic and social indicators was considered rigorous – that appears to have erodedThere isn’t much that we Indians agree on these days. GDP numbers are no exception. Last week, India released glowing GDP numbers for the latest quarter – 7.8% growth – higher than the forecast 7%. It sparked a furore.Subhash Garg, a former finance secretary under Narendra Modi’s government and now a critic, reframed what Modi called a “herculean
Who reported this story?+
This story was reported by The Guardian World.