The release of the national accounts data for Quarter 2 recently was also one that coincided with serious concerns being expressed by the International Monetary Fund (IMF) about the way India calculates its data. In fact, the IMF has given India’s national accounts statistics, which includes Gross Domestic Product and Gross Value Added, a C grade, which is the second lowest grade. While Q2 produced 8.2% growth — much more than expected — very few would be aware of the IMF’s concerns.

This is because the media virtually ignored what the IMF had to say. Only one daily, The Hindu , reported it and made it a front page story ( IMF gives ‘C’ grade for India’s national accounts statistics , November 28, 2025), but the pink papers, which should have been the most interested in this repor

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