{
  "id": 5123810,
  "title": "Piyush Goyal hits back at Oppn., former Finance Secretary over remarks on Q1 GDP growth",
  "url": "https://urgent.news/2026/09/02/piyush-goyal-hits-back-at-oppn-former-finance-secretary-over-remarks",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T16:11:39.000Z",
  "source": {
    "name": "The Hindu",
    "slug": "the-hindu",
    "url": "https://www.thehindu.com/news/national/piyush-goyal-hits-back-at-oppn-former-finance-secretary-over-remarks-on-q1-gdp-growth/article71420858.ece"
  },
  "original_language": "en",
  "account": "Commerce and Industry Minister Piyush Goyal strongly refuted Opposition parties and former Finance Secretary Subhash Garg's criticism of his remarks on India's GDP growth of 7.8% in the first quarter of the fiscal year 2026-27. Goyal dismissed their claims, stating that he did not know how to compare apples with apples, and was only trying to guide the people of India correctly. He emphasized that India remains an oasis amidst global turmoil and continues to be the fastest-growing economy among large economies.\n\nGoyal maintained that 7.8% growth is a reality, regardless of the naysayers' opinions. He criticized the former finance secretary and former Reserve Bank governor for not understanding how to compare growth rates from different series, as the base year had changed. Goyal further accused critics of attempting to find flaws in the growth figures by questioning the job market, particularly in the textile sector. He offered to send 100,000 workers to Tiruppur if they demanded jobs, demonstrating the strong demand for labor in the industry.\n\nThe minister also dismissed the opposition's claims of joblessness, stating that they were the only people left without jobs. He pointed out that the only possible job left for them was to appear on television panels and create arguments. Former Finance Secretary Subhash Garg had claimed that India's GDP growth would have been around 2.6% in current prices if the previous year's GDP had not been revised down from ₹86 lakh crore to ₹80 lakh crore. Goyal emphasized that these figures are not fabricated by politicians, ministers, and MPs, but are recorded through a system that has been in place for years. He urged the opposition to adopt a more positive mindset, as their negative approach belittles themselves.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Economy",
        "title": "India in talks with multiple countries to develop critical minerals for domestic needs: Piyush Goyal",
        "url": "https://urgent.news/2026/09/02/india-in-talks-with-multiple-countries-to-develop-critical-minerals",
        "published": "2026-09-02T14:18:28.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}