‘Ill-educated, egregiously wrong’: World Bank ED Mishra on row over GDP data
Mr. Mishra’s statement on X came amid a political row over the growth figures released by the government, which were contested by former Finance Secretary, S. C. Garg.
- Why it matters
- A World Bank official's public criticism of official government growth data raises questions about the reliability of India's reported economic performance, which shapes policy decisions and investor confidence.
- Most affected
- India's policymakers — Official growth figures they released are now publicly disputed by a major international authority.
Foreign investors monitoring India's economy — Conflicting assessments of growth rates complicate decisions based on official economic data. - Likely next
- Whether India's statistics agency responds publicly or defends the contested growth figures.
Also reported by: Hindustan Times