Brief by Shorts91 Newsdesk / 07:43pm on 02 Sep 2026,Wednesday India
Former finance secretary Subhash Chandra Garg has questioned India’s reported 7.8% GDP growth, saying the headline figure looks strong but does not reflect the economy’s “real” growth. Garg argued that revisions to earlier GDP estimates and changes in the calculation method had affected the comparison. He said the April-June quarter’s real growth could be closer to 2.6% when compared with the previously published figures. Garg’s remarks triggered a debate over India’s GDP methodology, with the government defending the 7.8% estimate and saying the revisions reflect improved data and updated methods, not manipulation. (PC: India Today)
