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New Robes for India’s GDP: The Reality of Modi Govt's Growth Story

The Modi government's 'highest GDP growth' rhetoric rests on the so-called 'real GDP'—a manufactured number.

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The Indian government's National Statistical Organisation (NSO), part of the Ministry of Statistics and Programme Implementation, has released India’s gross domestic product (GDP) numbers in a new series, with 2022-23 as the base year.

India measures its GDP in two modes—nominal (production of goods and services at prices prevailing during the year, or current prices) and real (production of goods and services during the year, at base year prices). The nominal and real GDP is the same for the base year.  

There is one more measure of GDP, which is extremely important in the current globally integrated world—GDP in the global currency, currently the US dollar.

What is the new reality of India's GDP in all these three measures—real, nominal, and in US dollars? Is there good news or bad, or is it mixed? 

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'There Has Been a Desire to...': Nitish Kumar Confirms Move to Rajya Sabha

Nitish Kumar is expected to file Rajya Sabha nomination, prompting speculation about Bihar’s next chief minister.

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Bihar Chief Minister Nitish Kumar is expected to file his nomination for the Rajya Sabha on 5 March 2026, signalling a transition from state to national politics.

"From the very beginning of my parliamentary journey, there has been a desire in my heart to become a member of both Houses of the Bihar Legislature as well as both Houses of Parliament. In keeping with this aspiration, I seek to become a member of the Rajya Sabha in the elections being held this time," Kumar posted on X.

"I want to assure you with complete honesty that my relationship with you will continue in the future as well, and my resolve to work together with you to build a developed Bihar will remain steadfast. The new government that will be formed will have my full cooperation and guidance," he said.

This development has led to widespread speculation regarding his successor as chief minister and the future leadership structure within the state’s ruling coalition. No official announcement has been made by the Janata Dal (United) regarding the nomination or the succession plan.

According to The Hindu, JD(U) workers gathered outside Nitish Kumar’s residence in Patna, expressing opposition to his move to the Rajya Sabha and voicing their preference for him to continue as chief minister. The party has not yet released its list of Rajya Sabha candidates, but preparations for the nomination process are underway, with security and media presence increasing at the chief minister’s official residence.

As reported by Deccan Herald, JD(U) supporters raised slogans stating, “We only want to see Nitish Kumar as the CM of Bihar,” and expressed resistance to his potential move to the Rajya Sabha. Some party members suggested that if a transition is inevitable, Nitish Kumar’s son, Nishant Kumar, should be considered for a parliamentary role instead.

Nitish Kumar, aged 75, is likely to file his nomination as a JD(U) candidate, with his son Nishant Kumar expected to join the party and possibly be inducted as deputy chief minister. The JD(U) can secure two Rajya Sabha seats independently and support an NDA candidate for a third. The BJP, as the dominant partner in the alliance, is anticipated to play a key role in selecting the next chief minister if Nitish Kumar steps down.

Political observers noted that the BJP’s choice for chief minister will likely consider caste representation and coalition stability following reports that Samrat Choudhary and Nityanand Rai are among the leading contenders. Both leaders have held significant positions within the state and central governments, and the decision is expected to reflect the NDA’s social and electoral strategy.

“He will be given a bigger responsibility in the party. What responsibility he is going to get will be decided in a day or two,” said Bihar minister Sharwan Kumar regarding Nishant Kumar’s future role.

Internal discussions within the BJP and JD(U) have intensified, with meetings held at the chief minister’s residence and among senior coalition leaders as details emerged about the nomination process. Union Home Minister Amit Shah is expected to be present in Patna during the filing of nominations, underscoring the significance of the event for the NDA alliance.

Some JD(U) leaders have publicly stated their support for Nitish Kumar’s decision, while others have expressed concern about the potential leadership change according to sources. The party’s working president and senior ministers have been involved in ongoing discussions to ensure organisational stability during the transition.

Nitish Kumar's move to the Rajya Sabha marks a significant shift in Bihar’s political landscape, ending his two-decade tenure as chief minister with analysis showing that the BJP is likely to nominate a leader from the Backward or Extremely Backward Classes to maintain social balance.

“If Mr. Kumar relinquishes his post, it will be a regime change in the State after 20 years,” said political commentator Nawal Kishore Choudhary.

Further, the NDA’s internal arithmetic and the upcoming Rajya Sabha vacancies have prompted coalition partners to strategise on candidate selection and legislative support at the conclusion of discussions. The outcome of these developments is expected to shape Bihar’s political direction in the coming months.

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Note: This article is produced using AI-assisted tools and is based on publicly available information. It has been reviewed by The Quint's editorial team before publishing.

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Real Story Behind Modi Govt's Stand isn't Israel or Iran, it's UAE

How 'brother' Sheikh Zayed of UAE became PM Modi's closest ally among world leaders.

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Two phone calls and two meetings lie at the core of India's stand in the ongoing war between Israel and Iran.

The government of India's first public response after Israel attacked Iran and the latter struck American bases in Gulf countries and retaliated against Israel, were two posts on Prime Minister Narendra Modi's X account that provided details of two phone conversations.

The first post was on PM Modi's conversation with President of the United Arab Emirates (UAE), Sheikh Mohamed bin Zayed Al Nahyan.

The second was on his conversation with Israeli PM Benjamin Netanyahu.

The above two posts also went out in Arabic and Hebrew, respectively.

There was no conversation by the PM with Iran, giving a clear indication that India had chosen a side in the conflict: the US-Israel alliance that also includes the UAE.
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