Finance Minister Nirmala Sitharaman in Lok Sabha. (PTI Photo) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The International Monetary Fund (IMF)'s recent poor grading of Indian national accounts data is based on an outdated base year and does not question the robust GDP growth figures, Finance Minister Nirmala Sitharaman said on Wednesday.

In its country report last week, the IMF assigned a ‘C’ rating to India's national accounts statistics, which includes data on gross domestic product, consumption and income levels. The rating indicated the data have "some methodological weaknesses" that "somewhat hamper surveillance", the report said.

"The point of contention was the quality of data on which the ‘C’ grade was given... the data currently being used is based on the 2

See Full Page