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The Economic Times

National / The Economic Times

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GDP data revision: Govt says it's revised base, not baseless

India's statistics ministry defended its latest GDP growth figures. The ministry cited improved data sources and methodologies for the estimates. It explained the GDP deflator differs from retail and wholesale inflation measures. Revisions to GDP data are a normal part of economic accounting. The government stressed the new GDP series better reflects economic activity.

3 Sep 2026 1:15 am