India’s economic engine revved up to 8.2% GDP growth, prompting BJP to claim vindication for its ‘Viksit Bharat’ blueprint. Party chief JP Nadda tweeted triumphantly: ‘Reforms like GST 2.0, ease of doing business jumps, and startup explosions are scripting history.’ Steel output, highway kms, and airport expansions stand as testaments.
Cue the opposition backlash. ‘This is a dead economy propped by borrowings and hype,’ thundered AAP’s Arvind Kejriwal, flagging Delhi’s pollution-jobs paradox. NCP’s Sharad Pawar warned of fiscal deficits ballooning to 5.6% of GDP. Youth bulge turning into unemployment bomb? Stats show 40% graduates unemployable.
Unpacking the data: Agriculture grew modestly at 1.4%, industry at 9.9%, services stellar at 7.9%. RBI credits base effects and capex revival, but flags urban demand slack. Globally, India’s shine draws FDI inflows topping $80B annually.
Political theater intensifies with white papers promised and no-trust motions threatened. For markets, Nifty hit record highs on growth bets. The litmus test? Delivering 10 crore jobs by 2030 as pledged. As India eyes $5 trillion economy, the BJP-opposition slugfest reminds us: growth metrics matter, but ground realities rule votes.