Did India's GDP Really Grow By Just 2.6% In June Quarter? Govt Rejects Claim Of Former Finance Secretary
The government has rejected former finance secretary Subhash Chandra Garg’s claim that India’s GDP growth in the June quarter was only 2.6%, saying the calculation was based on an incorrect comparison between two different GDP data series. According to a report by Moneycontrol, government sources said Garg arrived at the 2.6% figure by comparing nominal GDP of ₹88.27 lakh crore for the first…
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