Overview
- RBI economist Sarthak Gulati posted screenshots alleging SBI’s Ecowrap replicated the central bank’s Monetary Policy Reports in structure, language and visuals.
- He cited the July 2025 Ecowrap as reproducing large parts of the RBI’s April 2025 MPR Chapter 2 on price and cost, and said the October Ecowrap mirrored the RBI’s October MPR.
- SBI researcher Tapas Parida rejected the claims as sensational and said Ecowrap used a distinct methodology with a shorter one‑year dataset and references to established literature like β‑convergence.
- Parida said Ecowrap’s tables cite sources including RBI, the National Statistical Office and SBI Research, and argued similarities arise from reliance on common public datasets.
- Ecowrap is led by Soumya Kanti Ghosh, a senior adviser who serves on the 16th Finance Commission and the Prime Minister’s Economic Advisory Council, as economists such as Ajit Ranade urged clarification on attribution.