IMF Backs India's Updated GDP Methodology, Calls Revision 'Welcome Development'

‘Consistent with good practices’: IMF defends India's revised GDP calculation

The International Monetary Fund has recognized India's updated approach to measuring gross domestic product, commending the Ministry of Statistics and Programme Implementation for enhancing GDP metrics. Amid strong economic performance and rising domestic demand, the IMF has also revised its growth predictions for India. Currency fluctuations were acknowledged; however, Srinivasan clarified they do not indicate any economic frailty.

IMF Backs Centre Amid 7.8% GDP Growth Row, Says India's Method 'Consistent With International Standards'

India GDP Growth: India released an updated series of annual and quarterly GDP estimates in 2026, shifting the base year from 2011-12 to 2022-23.

IMF backs India's updated GDP methodology, calls revision 'welcome development'

"These revisions to the methodology are entirely consistent with what the advice we've been giving them, including from our statistics department," said Krishna Srinivasan, Director of the IMF's Asia and Pacific Department

IMF backs India's revised GDP calculation method amid row over 7.8% growth figures

IMF backs India's revised GDP calculation method amid a row over 7.8% growth, saying the changes align with global best practices and its advice.

IMF backs India's GDP data revamp, says rupee pressure is no sign of failure

The IMF praised India’s GDP data revisions and defended its response to currency pressure. Strong fundamentals and RBI measures underline the economy’s resilience amid the energy shock.

IMF Endorses India's Revised GDP Calculation Methodology

The International Monetary Fund (IMF) has expressed support for India’s updated approach to calculating its gross domestic product (GDP), stating that it aligns with established statistical practices. Krishna Srinivasan, the director of the IMF’s Asia and Pacific Department, characterised the revision as a “welcome development” and highlighted that the new methodology adheres to recommendations from […]