Statistical Discrepancies and GDP Growth

India's recent GDP figures highlighted the significant role of statistical discrepancies in its growth narrative. Approximately 52% of the reported 8% growth from the previous fiscal year was attributed to these discrepancies, reflecting a misalignment between GDP calculated by expenditure versus industry output. This reliance on statistical noise has led to an overestimation of India's economic performance, obscuring underlying weaknesses such as weak private consumption, which only grew by 4%. Analysts express skepticism about the sustainability of India's growth, emphasizing that tangible economic indicators are showing concerns that are beginning to emerge in current economic data.