Abhi

[ANI @ANI]

#WATCH | Delhi: On former Finance Secretary Subhash Chandra Garg's statement alleging GDP data revision from Rs 86 lakh crore to Rs 80 lakh crore to inflate the latest Q1 2026-2027 figures, Ministry of Statistics and Programme Implementation (MoSPI) Secretary Saurabh Garg says, "...Whenever we compare year-to-year, we always compare on constant prices because current prices include price inflation, and therefore current price is not the correct method to compare year-to-year. Whenever we do a comparison, we need to compare like to like; we can't compare apples to oranges. So what has been done is that the current GDP of the old series, which has already become obsolete, and the data we had released last year, has been compared with the current GDP of this quarter of the new series... If you look at the volume output, for example, the number of automobiles produced, the amount of cement produced, the amount of steel produced, and you compare this from quarter one of last year and quarter one of this year, this shows extremely high growth rates of 12 per cent, 14 per cent, 16 per cent when we look at volume growth. Making this statement that there has been some data fudging done is extremely unfortunate..."

[ShotPointBlank @SHOTPointBlank1]

Late night Pure Cinema. 😂😂🎬
Hara Kurta caught by @AmanChopra_

[Vinayak Chatterjee @Infra_VinayakCh]

👇 This page should end the GDP debate !!

[Abhi @Abhimk98]

@bainjal Imagine a journalist name-calling a man from IIT and IIM😂

[Abhi @Abhimk98]

@ajitanjum So, then, who are you to give certificates to the govt on every issue? What qualification do you have besides being a chewed up journo?

[Shekhar Dutt @DuttShekhar]

Is GDP Growth Rate a scam ???

Let me help you understand it so that no one can gumraah you 😊

[Abhi @Abhimk98]

@bainjal Want to compare his credentials with those of the current FS,ES,members of EAC-PM? Are they all not bureaucrats, economists and academics?

[Abhi @Abhimk98]

@TVMohandasPai GDP grew 0% according to the genius here😂Ask him where the surge in auto sales, tax collection went?

[Mohandas Pai @TVMohandasPai]

How do you explain nearly 20% growth in direct and indirect taxes in 4 months
to July 2026? Again a distortion? People pay more GST without increased consumption? Investment at 11.5%. Another distortion? 15%+ in bank lending. Distortion? Huge increase in auto sales which is nearly 40% of manufacturing. Distortion? @kantisoumya

[BJP @BJP4India]

India’s Growth Story Stays Strong!

India grew at 7.8%. But a confusing GDP comparison is making headlines.

Here’s what the numbers actually say. Real GDP grew 7.8% YoY in Q1 FY27; nominal GDP grew 10.3%, while the 2.6% figure comes from mixing numbers from two different GDP series.

The key is simple: compare like with like.

#IndianEconomy
#NewIndia
#GDP

[Pakistan Untold @pakistan_untold]

"Asim Munir will bomb India's Chenab- Beas tunnel. If India retaliates, he'll blow up entire India (udaa ke rakh denge). Munir is not like previous Pakistani generals who surrendered."

Message is clear. "We won't stop terrorism. We're ready to nuke Hindus."

[Abhi @Abhimk98]

@pakistan_untold Their so called neutral and mature journalists are Army bootlickers and talk like a bunch of fanatics, no less than a radicalised Jihadi..And some Indian news channels call these clowns to get their opinions

[Sushant Sinha @SushantBSinha]

भारत की GDP ग्रोथ 7.8% रही या 2.6% (जैसा कांग्रेस और पूर्व वित्त सचिव बोल रहे)

सिंपल सरल तरीके से समझिए कि झूठ कौन फैला रहा है

[Abhi @Abhimk98]

@sagarikaghose @narendramodi Usual suspects.:Couldn’t perform when they were in govt, but will criticise every move of the govt by confusing the public..

[Abhi @Abhimk98]

@Sadafsayeed So frequently? It has happened for the first time under this govt. 2011-12 was the base year for previous quarter calculation and it’s 2022-23 now..Frequently?

[Abhi @Abhimk98]

@SubramanianKri He claimed read growth of 2.6% in his article, but when got the backlash, revised his statement to 5% growth..Is this calculation real or numbers just popping out of thin air?

[Abhi @Abhimk98]

@SubramanianKri Either the man is so ignorant that he doesn’t understand data, and thus, never deserved to be a Finance Secy of the GoI, or the man is bitter with the current govt over some issue and holds a grudge, and thus decides to confuse the nation..Either way, a dangerous situation

[Prof. Krishnamurthy V Subramanian @SubramanianKri]

𝗧𝗵𝗲 "𝟮.𝟲% 𝗿𝗲𝗮𝗹 𝗴𝗿𝗼𝘄𝘁𝗵 𝗿𝗮𝘁𝗲" 𝗰𝗹𝗮𝗶𝗺: a hilarious demonstration of economic ignorance on National TV.

𝗘𝗿𝗿𝗼𝗿 #𝟭: Take a nominal GDP number from the old series and compare it with a nominal GDP number from the new series. Divide one by the other and proclaim 2.6% "growth." That is comparing apples with oranges.

𝗙𝗮𝗰𝘁: When GDP series are revised, historical numbers are re-estimated using the same methodology to ensure an apples-to-apples comparison. Such an ECON 101 error!

𝗘𝗿𝗿𝗼𝗿 #𝟮: Use nominal GDP arithmetic to challenge a real GDP growth rate of 7.8%, while ignoring double deflation, a globally accepted methodology that India now adopts, and the actual constant-price estimates.

𝗘𝗿𝗿𝗼𝗿 #𝟯: Treat routine revisions, based on improved data and methodology, as "manipulation." Historical estimates are revised precisely because new data arrive and better information becomes available.

𝘚𝘶𝘤𝘩 𝘳𝘦𝘷𝘪𝘴𝘪𝘰𝘯𝘴 𝘩𝘢𝘱𝘱𝘦𝘯 𝘳𝘰𝘶𝘵𝘪𝘯𝘦𝘭𝘺, 𝘪𝘯𝘤𝘭𝘶𝘥𝘪𝘯𝘨 𝘸𝘩𝘦𝘯 𝘵𝘩𝘦 𝘱𝘦𝘳𝘴𝘰𝘯 𝘮𝘢𝘬𝘪𝘯𝘨 𝘵𝘩𝘪𝘴 claim 𝘸𝘢𝘴 𝘪𝘯 𝘎𝘰𝘷𝘦𝘳𝘯𝘮𝘦𝘯𝘵.

𝗘𝗿𝗿𝗼𝗿 #𝟰: Claim consumption growth was negative by committing the same errors, when official data show real private consumption grew 7.1%.

Claims about a supposedly "true GDP growth rate" manufactured by comparing incompatible numbers was not economics.

It was a hilarious demonstration of economic ignorance on National TV.

[Abhi @Abhimk98]

@khuchrep Stay away from issues you don’t understnd

[Abhi @Abhimk98]

@TheSincereDude 😂The number of stupid people in this country is just amazing😂There’s no conspiracy in removing old, dying sectors and adding newer sectors when revising the base year..It’s a standard practice and long overdue, even IMF advised India to revise it