‘Outdated base year’: FM Sitharaman explains IMF’s ‘C’ grade on national accounts; says GDP growth figures not questioned
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Finance Minister Nirmala Sitharaman clarified that the IMF did not question India's growth figures, attributing the 'C' grade on national accounts to an outdated base year. India will shift to a 2022-23 base year in 2026, addressing the IMF's concern. The Fund acknowledged India's healthy economic performance and resilience. What's Your Reaction?
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