ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

India lowers old growth rates to Modi's benefit

Critics denounce amended 2004-2011 statistics as political manipulation

Commuters disembark from a train in Mumbai. While India's economy has picked up lately, growth has been somewhat slower under Prime Minister Narendra Modi than his predecessor.   © Reuters

NEW DELHI -- India released revised gross domestic product data Wednesday that downgrades seven years of growth under former Prime Minister Manmohan Singh, narrowing the gap with successor Narendra Modi.

The amended figures may brighten the political outlook for Modi, who has been criticized for overseeing a weaker economy than Singh, ahead of next spring's general election. But critics have condemned the methodology as politically motivated.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more