CEA Defends India’s 7.8% GDP Growth, Says Old And New Data Series Comparison Is Invalid
Chief Economic Adviser V Anantha Nageswaran has dismissed criticism of India’s 7.8% real GDP growth in the first quarter of FY27, saying that attempts to calculate a lower growth rate by comparing GDP figures from different statistical series are not valid. The criticism was based on comparing last year’s Q1 GDP estimate of around ₹86 lakh crore with the latest estimate of nearly ₹88 lakh crore.…
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