‘I was shocked’: Neelkanth Mishra hits back at ‘egregiously wrong’ claims on India’s GDP growth

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 indicators suggest strengthening private investment activity. However, weak real-wage growth indicates some economic slack remains.