MoSPI Secretary Rejects GDP Data Fudging Claims

Ministry of Statistics and Programme Implementation (MoSPI) Secretary Saurabh Garg has rejected claims that India's GDP data was manipulated to make the latest growth rate appear stronger, saying the comparison being used to arrive at a lower growth estimate is between the old and new GDP series and is therefore not appropriate. Earlier, Former Finance Secretary Subhash Chandra Garg while speaking to a news channel had questioned the reported 7.8 per cent GDP growth in Q1 FY27, arguing that last year's current GDP had been revised from Rs 86 lakh crore to Rs 80 lakh crore and that, without the revision, growth at current prices would have been around 2.6 per cent. Responding to the claim in an interview with ANI, Saurabh Garg called the statement "highly unfortunate" and said year-on-year economic growth should be compared using constant prices rather than current prices.

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