‘I was shocked’: Neelkanth Mishra hits back at ‘egregiously wrong’ claims on India’s GDP growth
Economic Times 1 hr ago·3 Sept 2026, 4:57 am
Economist Neelkanth Mishra has strongly refuted recent claims that India's GDP growth figures are inaccurate. He argues that the data reflects a strengthening economy, pointing to rising credit growth, higher personal vehicle dispatches, and improved tax collections as evidence of real economic activity. Mishra also notes that robust construction indicators suggest private investment is picking up.
For investors, this rebuttal reinforces the view that India's macroeconomic fundamentals remain solid despite global headwinds. The focus now shifts to whether the improving investment and consumption trends will sustain the growth narrative. Investors should monitor upcoming employment data and wage growth figures to gauge if the economy is truly overheating or still operating with some slack.
Excerpt from Economic Times
Economist Neelkanth Mishra defended India's GDP growth numbers against revision claims. He stated economic indicators point to a stronger economy with improving credit growth. Mishra highlighted personal vehicle dispatches and tax collections as real economic activity signs. He also noted robust construction…Read the original at Economic Times
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- Concerns Neelkanth (NEELKANTH).
- Category: Economy.
- AI reads the tone as positive (potentially bullish) for the stock.
- Flagged as a high-impact, market-moving story.
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