India's economic data sparks furore amid accusations of inflated GDP numbers
India's recent glowing GDP growth figure of 7.8% has sparked intense debate and accusations from critics that the numbers are inflated through revised baseline data.
- India reported a quarterly GDP growth of 7.8%, beating forecasts of 7%.
- Critics such as Subhash Garg argue that downward revisions of last year's GDP inflated the current figure, estimating real growth at 2.6%.