The IMF noted that India’s national accounts and inflation data do not adequately capture key aspects such as the informal sector and people’s spending patterns.
I've no trust in this idiotic organisation which keeps reporting such clueless and vague remarks about any nation. Here it forgot to define 'adequately' in clear terms, and btw IMF doesn't know anything about informal sector in India. How can you ask a government or any body as such to be adequate when need data about billions of people employed in unorganised sector. IMF should know that only about 3% of Indians pay taxes and rest are pretty happy to not give direct taxes.
Those who don't give taxes and don't deal with banks for the money matters don't provide any data. And in top of that now when the exemption on income taxes doubled and the taxes on goods and services have been hugely cut within last 6 months, the GDP growth of 8.2% for one quarter is not mythical. But IMF couldn't digest it and came up with this complete bullshit.
India’s economy grew by 8.2% in July–September 2025. That’s the fastest growth in the last six quarters and much higher than last year’s 5.6%.
In simple words:
• People are spending more (shopping, travel, etc.).
• Factories and companies are doing very well.
• Jobs and incomes are rising because of this.
It shows that government reforms (like simpler rules, better roads, and digital payments) are working, and the hard work of Indian people and businesses is paying off.
The government says it will keep making life easier for everyone—better healthcare, housing, jobs, and daily convenience.
TLDR;
According to the IMF, this grade means the data available “have some shortcomings that somewhat hamper surveillance”. This is of particular significance as the government will release the national accounts data for Q2 of this financial year on Friday (November 28, 2028).
Yes, they knew that much better data would come so they came with it and wanted to reduce the effect of GDP numbers on the market. But I don't think India needs their approval anymore rather IMF should know that they aren't required anymore.