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9th Anniversary: Free Tote & Mug

7.8% GDP growth is a plot twist for critics. It shows India’s internal engine power

Production and value creation rise above inflation, proving the country's economic momentum is built on strong fundamentals.

As we recently celebrated the birth of Krishna, this shloka from the Srimad Bhagavatam comes to mind: 

manāṁsy āsan prasannāni sādhūnām asura-druhām,

jāyamāne ’jane tasmin nedur dundubhayaḥ samam

“As the Unborn One was being born on earth, the minds of all saintly persons became filled with profound peace and joy, while the oppressive anxiety caused by the wicked began to fade away. And the cosmic drums of destiny spontaneously resounded in the heavens.”

Political leadership may come and go, but when a vision for a country of 1.3 billion people gets translated into action, it takes a steely resolve to rise above all rhetoric and drama to achieve and execute the aspirations of an entire nation. Our honourable Prime Minister Narendra Modi’s leadership has once again proven its strength and ability to deliver on the promises.

We stand today at a threshold of immense possibilities as the world’s fifth-biggest economy grew 7.8 per cent, reported Reuters. 

Decoding 7.8 per cent

The Ministry of Statistics and Program Implementation released data on 31 August, stating that India’s real GDP grew by 7.8 per cent in the April to June 2026 quarter. During the same period last year, the number was 6.8  per cent.

Taking the base year as 2022-203, real GDP was Rs 81.36 lakh crore, up from Rs 75.46 lakh crore last year. If you consider current prices, then nominal GDP registered a 10.3 per cent growth rate, reaching Rs 88.27 lakh crore against Rs 80 lakh crore last year. Real gross value also reached a figure of Rs 73.82 lakh crore, an expansion of 8.2 per cent, while nominal GVA was up by 11.5 per cent to become Rs 80.53 lakh crore.

These confusing terms used by economists can be simply decoded. We need to distinguish between real GDP, nominal GDP and GVA. Real GDP is the most useful measure of........

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