India Q1 GDP Row: 7.8% Growth Spurs Political Sparring As Top Economists Decode Revisions

India's GDP: When no number high enough is enough

The 7.8% Q1 growth in a world in turmoil is not enough to satisfy the sceptics. We should ignore the noise and carry on with reskilling, reform and growth

India Q1 GDP Row: 7.8% Growth Spurs Political Sparring As Top Economists Decode Revisions

The Indian government's announcement of a 7.8% GDP growth rate for the first quarter has triggered political debate and economic analysis. The Congress party questioned the data's accuracy, pointing to past revisions and raising concerns regarding unemployment, inflation, and methodology. In response, the BJP defended the figures as evidence of economic resilience despite global headwinds. Economists Dr Montek Singh Ahluwalia, Surjit Bhalla, and…

India’s Growth Outperforms, Says India

One quarter of GDP growth doesn’t matter much. India this week announced 7.8 percent real GDP growth in its April–June quarter. If the true result is 5.8 percent, few will notice. The issue is longer term. Prime Minister Narendra Modi’s government took the result, which beat most expectations, as evidence of wise policy and its critics’ mistakes. As one critic, I could certainly be wrong. But India continuing to sing its own praises is not convi…

India GDP Growth 7.8% Sparks Controversy

India just posted GDP growth of 7.8% for the April-June quarter of FY2026-27, and on the surface, that’s a genuinely impressive number especially given how much pressure the global economy has been under from high oil prices and geopolitical tensions. But rather than settling the debate about how India’s economy is really doing, the number […]