World Bank Executive Director rejects questions on GDP numbers, says growth backed by strong indicators
New Delhi, Sept. 3 -- India's economic growth can remain at around 7.5 per cent even with neutral fiscal and monetary policy, as accelerating credit growth and strong economic activity are supporting the recovery, Neelkanth Mishra, Executive Director, World Bank for India, said in a social media post.
Mishra also rejected claims questioning the latest GDP growth figures, saying the new GDP series introduced in February 2026 had cleaned up the data and significantly improved the methodology.
"As expected, with the fiscal headwinds fading and monetary headwinds (falling credit growth till 1HFY26) becoming tailwinds (credit growth accelerating), GDP growth is surprising on the upside, and should help push up consensus trend-growth estimate...
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