1. Government defends India’s 7.8% GDP growth as critics question revised economic data

Government defends India’s 7.8% GDP growth as critics question revised economic data

Business

  • India reports 7.8% GDP growth for April-June, but critics question whether the figure reflects the economy’s real growth.
  • The debate began after last year’s GDP figure was revised from ₹86.05 lakh crore to ₹80 lakh crore.
  • Critics say the lower figure makes this year’s 7.8% growth look stronger than it would otherwise.
  • The government rejects this, saying the revision follows a new calculation method and updated data, not manipulation.

Source: hindustantimes.com

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