IMF's Gita Gopinath says India must 'transparently communicate' growth statistics
- 5 years ago
After slashing India’s growth estimate for the fiscal year 2019-20 and FY 2020-21 by 20 basis points, Gita Gopinath, chief economist, International Monetary Fund (IMF), sent out a message to India on the gross domestic product (GDP) math and the state of statistics. There are still some issues with the way India calculates its growth rate and the IMF is paying close attention to the new numbers that are coming out, said Gopinath to CNBC.