2.7 ka 7.8, 7.8 ka 2.8... The data debate behind India’s GDP growth
· economictimes.indiatimes.com
The latest GDP metrics reveal a robust real growth of 7.8% for Q1 FY27, although some dissent surfaced due to erroneous comparisons between outdated and updated data sets. This misstep led to misleading claims of a 2.6% nominal growth. The newer metrics utilize refined data collection techniques that meet international benchmarks, ensuring better precision in the national accounts.
ET Bureau
The new series-based numbers should be taken seriously, instead of mix-matching them for ‘debate’
Outcry over the latest GDP metrics illustrates...