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The Economic Times
The Economic Times
National

Why was ₹6 lakh crore shaved off last year’s GDP? Govt explains the numbers

The government on Wednesday rejected the claim that it revised down last year’s current-price GDP from ₹86 lakh crore to ₹80 lakh crore to make this year's growth rate look better, saying the difference is the result of changes to the GDP series, improved data and successive revisions.

The issue has come into focus after India reported 7.8% real GDP growth in the April-June quarter of FY27. The claim is that if last year’s original current-price GDP estimate of ₹86.05 lakh crore had been retained, the increase in nominal GDP this year would have looked much smaller.

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