‘Ill-educated, egregiously wrong’: World Bank ED Mishra on row over GDP data

World Bank Executive Director Neelkanth Mishra has termed the claims that India’s economy grew by 2.6% in the first quarter of the current fiscal year, as against 7.8% as “ill-educated” and “egregiously wrong”.

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.

“... I was shocked to see the ill-educated and egregiously wrong claims made by some that if the 'original' base of June-2025 quarter was used, growth in the June-2026 quarter would be much lower,” Mr. Mishra said.