Poging GOUD - Vrij
GDP data quality debate ill-informed: Sitharaman
Mint Bangalore
|December 04, 2025
The debate over the quality of India’s national income accounts is “ill informed”, as the ‘C’ rating assigned by the International Monetary Fund (IMF) reflects the use of the 2011-12 base year for GDP estimation rather than any broader data shortcomings, finance minister Nirmala Sitharaman said on Wednesday.
A new base year will be adopted from 27 February 2026, she added.
In a reply during the Lok Sabha debate on the Central Excise (Amendment) Bill, 2025, the minister said the IMF has recognized India’s macroeconomic stability and resilience and has projected 6.6% economic growth for 2025-26.
IMF did not question India’s growth figures, Sitharaman said, adding that there is “no misleading data”.
Dit verhaal komt uit de December 04, 2025-editie van Mint Bangalore.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint Bangalore
Mint Bangalore
JLR CEO Balaji's early trials: top exit, cyberattack impact
Gerry McGovern's abrupt removal has created uncertainty over brand and design strategy
3 mins
December 04, 2025
Mint Bangalore
Capital deepening has weakened and our productivity has stalled
Mobilizing labour and capital isn't enough. India must make more efficient use of both for sustainably higher GDP growth
4 mins
December 04, 2025
Mint Bangalore
‘Targeting public debt appropriate during uncertainty’
India’s shift from targeting annual fiscal deficit to long-term debt was appropriate during a period of external economic uncertainty, chief economic adviser V. Anantha Nageswaran said.
1 mins
December 04, 2025
Mint Bangalore
Climate chaos: Megacities face rapidly rising risks of flooding
Urban spaces in the tropical monsoon belt are the most vulnerable
3 mins
December 04, 2025
Mint Bangalore
Electricity: Empowered markets need good regulation
The power sector has emerged as a key lynchpin of the economic engine that the government is revving up to help drive India’s growth in times of geopolitical tumult.
3 mins
December 04, 2025
Mint Bangalore
Centre moots flexible sourcing norms for electric ambulances
The heavy industries ministry has proposed new localization rules for e-ambulances under the ₹10,900 crore PM E-drive scheme, allowing manufacturers to import traction motors fitted with rare earth magnets till 3 March 2026, the ministry said in response to Mint’s email query.
1 mins
December 04, 2025
Mint Bangalore
IT sheds weight in indices as AI rises
Combined weight of IT cos in BSE Sensex down to 18-year low
1 mins
December 04, 2025
Mint Bangalore
A newly confident China is jockeying for more global clout as Trump pulls back
Feeling empowered after a clash over trade, Beijing looks to exploit America’s inward turn
6 mins
December 04, 2025
Mint Bangalore
Fed chair interviews cancelled as US President homes in on pick
The Trump administration canceled a slate of interviews set to start this week with a group of finalists to be the next chair of the Federal Reserve as President Trump again suggested he had made up his mind about who should lead the central bank.
3 mins
December 04, 2025
Mint Bangalore
Services PMI rebounds in November
India’s services sector rebounded in November, as new business intakes increased amid subdued price pressures and improving demand, a private sw showed on Wednesday.
2 mins
December 04, 2025
Listen
Translate
Change font size