independent / statistical-credibility sceptic
Par parti pris · 1 takes across the edition
BasisPoint Insight · India · India's FY26 GDP prints at 7.7% — Modi's headline, the statisticians' puzzle
Argues the base-year overhaul nudged FY25-26 up and FY24-25 slightly up but sharply revised FY23-24 down, leaving the core credibility questions — deflator, jobs, Census-vintage multipliers — unresolved rather than answered.
“The numbers have changed, but some questions have not… 2025-26 appears marginally stronger, 2024-25 nudged upward, and 2023-24 has seen a sharp downward reset.”