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World Bank’s Neelkanth Mishra publicly dismissed accusations that India’s 7.8 % growth in gross domestic product had been overstated, arguing that the statistics “are accurate” and that protests over the country’s low foreign‑direct investment inflows are “useless.”[1][2]
Mishra cites robust sectoral data
The World Bank official pointed to steady rises in vehicle sales, tax collections, credit growth and construction activity as tangible evidence behind the GDP figure, underscoring that these indicators demonstrate a strong growth momentum in the Indian economy.[1]
FDI protests deemed ‘useless’
During a Bhāṭa scroll‑up session, Mishra argued that criticism over India’s relatively low level of foreign‑direct investment misdirects accountability, questioning the relevance of FDI as a barometer for overall growth. The official’s remarks followed accusations from political opposition that inflationary pressures and uneven investment patterns were distorting the apparent growth rate.[2]
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