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India GDP data controversy 2026

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FIRST ENTRY SEP 04
SEP 04 · Day 1

India's June quarter GDP print controversy

An IMF report last year assigned India's economic data a C grade, its second-lowest rank.

The Indian National Congress party claimed that India's GDP over the last four years has been revised down by 43 lakh crore ($455 billion).

India's chief economic advisor V Anantha Nageshwaran said the latest GDP figures were compiled using the financial year ending in March 2023 as the new base.

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