CEA Defends India’s 7.8% GDP Growth, Says Old And New Data Series Comparison Is Invalid

Chief Economic Adviser V Anantha Nageswaran defended India’s 7.8% GDP growth in Q1 FY27, rejecting comparisons with older GDP estimates based on different methodologies. He said the revised GDP series uses a new base year and improved calculations. High-frequency indicators such as GST collections and auto sales also supported strong growth