The issue flagged by so many of us domestically for months is now on the front pages of global dailies and being cited by India watchers – and no one can claim The Wall Street Journal to be a publication sympathetic to us.
The data on GDP growth being put up by the BJP government doesn’t gel with most other economic indicators on India. More importantly, the evidence from the ground, based on the everyday lives of the average Indian is totally to the contrary.
The fudging of numbers has extremely damaging consequences for the country — because one, our own citizens will lose trust in the government; and two, other global players will lose confidence in the Indian system. The last thing India needs today is a crisis of credibility.
Union ministers may shout down the RBI governor when he questions the GDP growth data but the government can’t shut every single Indian up or ignore global voices. The BJP government needs to accept the truth and put out correct and verified data on GDP growth and other economic parameters.
This #Jumlanomics must stop. Let truth prevail.
Sitaram Yechury is the General Secretary of the CPI-M. Views expressed here are the author’s own and jantakareporter.com doesn’t subscribe to them