Vikramaditya1
Trusted Member
It doesn't merit a response, which is why it was ignored.Posted many times and ignored just as many.
Remember you denied all GDP questions at every stage
The whole “GDP is fake saar” issue is funny. India was criticized for using an old base year and not using double deflation. So India updated the base year rebased GDP downward and introduced double deflation and now the number is suspicious because growth came out higher. What exactly do you want? India to cook the numbers downward? “2.3% growth only please anything higher hurts muh feelings.”
The high frequency indicators say electricity production 9.3%, commercial vehicle sales 18.3%, goods vehicle registrations 20.1%, capital goods 15.2%, cement 8.9%, steel consumption 8.3%, railway passenger 8.3%.
Household consumption 7.1%, investment 11.9% and most importantly real exports 12%.
But sure, 7.8% GDP growth materialized out of thin air and 3rd world statistics.


