India’s Revamped Data Addresses IMF Concerns, Official Says
India’s consumer inflation index based on the new series addresses the International Monetary Fund’s concerns about the country’s data integrity, a top official said Friday.
“We have fundamentally changed the nature of classification that we use. We’ve increased the markets, items, and we’ve added e-commerce online markets,” said Saurabh Garg, secretary at the Ministry of Statistics and Programme Implementation, in an interview with Bloomberg Television’s Paul Allen and Menaka Doshi.