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Neelkanth Mishra Defends India’s Revised GDP Data Methodology
India changed the way it calculates its economic growth numbers.
The new calculation series was introduced in February 2026.
Neelkanth Mishra defended the changes.
He said the data had been cleaned up and the methods had improved.
Some people have criticized the GDP data.
Mishra called that criticism “ill-educated” and “egregiously wrong.”
He also said the change to the GDP base was known in March.
He pointed to a research note published on March 1 as evidence.
World Bank Executive Director Neelkanth Mishra called criticism of India’s GDP data “ill-educated” and “egregiously wrong.”
He said a new GDP series introduced in February 2026 cleaned up the data.
Mishra said the revised series significantly improved the methodology.
He said the downward revision in the base was already known in March.
Mishra referenced a research note published on March 1 about the revision.
- Who
- World Bank Executive Director Neelkanth Mishra.
- What
- A dispute over India’s revised GDP data series, including its methodology and downward revision in the base.
- Where
- India; the specific location of the remarks was not specified.
- When
- The new series was introduced in February 2026; Mishra referred to information known in March and a note published on March 1.
- Why
- Mishra said the revised series cleaned up the data and significantly improved the methodology.
Key facts
- Speaker
- Neelkanth Mishra
- Role
- World Bank Executive Director
- Subject
- India’s GDP data series
- New series
- Introduced in February 2026
- Methodology
- Mishra said it was significantly improved
- Base revision
- Mishra said the downward revision was known in March
- Referenced research
- A note published on March 1
Sources
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