IMF endorses India's revised GDP methodology as welcome development

Krishna Srinivasan, Director of the IMF's Asia and Pacific Department, has endorsed India's updated GDP methodology, describing the revision as a welcome development.

Srinivasan stated that the revised methodology aligns completely with recommendations made by the IMF's statistics department. The endorsement signals international support for India's approach to measuring economic output.

The updated GDP calculation methodology reflects India's effort to adopt practices consistent with global statistical standards, reinforcing the credibility of the country's economic data at an international level.