'Base year changed, data revised': Govt defends 7.8% growth amid GDP rate row, explains new calculation method
India, Sept. 2 -- The government has clarified that it did not revise down Q1 2025-26 GDP at current prices from Rs.86 lakh crore to Rs.80 lakh crore to make the current year's GDP look better. India recorded a GDP growth rate of 7.8% in the April-June 2026 quarter, the government said on Tuesday.
The clarification comes amid critics and the Opposition pointing out that the government revised GDP at current prices for Q1 FY26 from Rs.86.05 lakh crore under the earlier 2011-12 base-year series to Rs.80 lakh crore under the latest 2022-23 series to show a higher growth rate.
A former finance secretary said, "If you had not revised last year's GDP, the growth in current prices would have been only 2.6 per cent." The Opposition flagged this...
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