PM Modi defends India 7.8 percent GDP growth data at college event

…for placing the country among the 'fragile 5', saying they are now unable to digest India’s 7.8% economic growth. India has moved from the policy paralysis it faced in 2013 to an era of policy dynamism, he said. “ Today, those spreading terrorism are trounced. If Pakistan indulges in any nefarious act, the Indian army enters their home and strikes; the back of Naxalism has been broken...from policy paralysis to policy dynamism, India has come a long way ,” PTI quoted PM Modi as saying. "They once called us the 'Fragile Five'. Today, they are talking about India as the fastest-growing major economy," he added, noting that India’s 7.8% GDP growth despite global…

…cut the nominal GDP estimate for Q1 FY2025-26 from around ₹86.05 trillion to ₹80 trillion. The ₹6.05 trillion reduction was largely attributed to revisions in the services sector on the production side. " If you had not revised last year's GDP, the growth in current prices would have been 2.6 per cent ," Garg said. The Congress party used Garg’s criticism of the GDP figures to target the government, stating that ‘PR can polish the picture’ of GDP, but not the economy itself. Meanwhile, Raghuram Rajan, a former…