India's 7.8% GDP growth is calculated correctly, not 2.6%?

checkthis · automated fact-check · How we check · Reel by @shivin.chaudhary

The Reel accurately explains why India's official real GDP growth figure stands at 7.8% and why former Finance Secretary Subhash Chandra Garg's claim of 2.6% growth is statistically flawed. Garg derived 2.6% by comparing nominal GDP figures across two incompatible statistical series (the old 2011–12 series vs. the new 2022–23 series), which the Ministry of Statistics and independent economists confirm is methodologically invalid.

3 claims checked
5 sources
Checked 23 Oct 2026
Main source: Newslaundry

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The Reel we checked

@shivin.chaudhary

What is the truth behind india’s GDP figures? #economy #gdp #india #upsc

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What we checked

Narendra Modi said that India's GDP growth rate is 7.8%.“According to the Government of India earlier this week, India’s economy grew 7.8 percent in the April–June quarter”Newslaundry

A former Finance Secretary of India said that India's GDP growth rate is 2.6%.“Former Finance Secretary Subhash Chandra Garg claimed that the actual quarterly GDP growth is not 7.8 percent, but around 2.6 percent.”Thecrediblenews

India's GDP growth rate is not 2.6%.No reliable source found for this yet.

What the Reel doesn't tell you

The former Finance Secretary's critique included questioning the magnitude of the retrospective downward revision of the previous year's base data.

Short version

✅ CHECKS OUT 👉 Garg derived 2.6% by comparing nominal GDP figures across two incompatible statistical series (the old 2011–12 series vs. the new 2022–23 series), which the Ministry of Statistics and independent economists confirm is methodologically invalid. 📰 Sources: Mint, Freepressjournal 🔎 Full check: send this Reel to @checkthis.chat