Jairam Ramesh hits out at Centre after NSO predicts 8.2 % growth rate in 2025-26 Q2, cites IMF report
Congress leader Jairam Ramesh criticizes India’s recent GDP growth figures, highlighting the irony of releasing optimistic data shortly after the IMF gave India’s national accounts a low “C” grade. He argues that high growth is unsustainable without renewed private investment, pointing to stagnation in capital formation as a key economic weakness. Furthermore, Ramesh claims the government is underreporting inflation by using an unrealistically low GDP deflator. This discrepancy obscures the severe price increases affecting ordinary households, suggesting that official metrics are manipulated to portray a healthier economic picture than exists in reality. This article is relevant to open data because it underscores critical issues with data transparency and statistical integrity. When official metrics lack credibility or appear disconnected from ground-level realities, it hinders accurate analysis, policy-making, and public trust. Reliable, open, and verifiable data is essential for understanding true economic health, rather than relying on potentially skewed official reports.
Source: bignewsnetwork.comPublished on 2025-11-30
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