Neelkanth Mishra defends GDP data, calls criticism 'egregiously wrong'
New Delhi, Sept. 3 -- Economist Neelkanth Mishra has strongly defended India's 7.8% GDP growth in the first quarter of the current fiscal, dismissing claims that the growth was inflated by the revision of the national accounts series as "ill-educated and egregiously wrong".
".I was shocked to see the ill-educated and egregiously wrong claims made by some that if the 'original' base of June-2025 quarter was used, growth in the June-2026 quarter would be much lower," Mishra, who is the World Bank executive director for India, Bhutan, Bangladesh and Sri Lanka, said in post on X suggesting that strong economic indicators pushed up growth in the economy rather than revision of GDP series.
Mishra's comments came after former finance secretary...
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