Big news from Delhi as the government announces a bold move to rename Inflation as GDP and GDP as Inflation, aiming to counter criticism over low GDP growth and rising inflation. The decision comes after India’s GDP growth hit a two-year low of 5.4%, while inflation surged to 6.2%.
Speaking to The Fauxy, a government official explained, “This is a progressive step to respect transfinancial individuals and those who are financially dyslexic. Economic terms should be inclusive and used interchangeably”.
