New Delhi/IBNS, Sept. 3 -- Former Finance and Economic Affairs Secretary Subhash Chandra Garg has questioned the government's 7.8% real GDP growth estimate for the first quarter (Q1) of FY 2026-27, arguing that the latest numbers warrant closer scrutiny.

The strong growth figure has been highlighted by the government as evidence of the resilience of the Indian economy despite global headwinds, including geopolitical tensions, higher energy prices and trade disruptions.

Garg has raised questions over the revision of India's GDP figures, particularly the change in the previous year's nominal GDP estimate.

He argued that the downward revision of the previous year's current-price GDP-from around Rs.86 lakh crore under the earlier series to...