1. World Bank Executive Director Mishra defends India's 7.8% GDP growth amid criticism

World Bank Executive Director Mishra defends India's 7.8% GDP growth amid criticism

Business

  • Neelkanth Mishra, World Bank Executive Director, rejected doubts over India’s 7.8% GDP growth, calling such criticism incorrect.
  • His remarks came after former Finance Secretary Subhash Chandra Garg questioned the growth figures using weaker nominal GDP data.
  • Critics argue the high growth rate is partly due to changes in GDP calculations under the new base year.

Source: ndtv.com

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