IMF backs India's revised GDP methodology, projects it to overtake Japan as 4th-largest economy in 2027
The International Monetary Fund (IMF) endorsed India's revised GDP calculation methodology, calling it a "welcome development". The IMF projects India's economy will surpass Japan's, reaching $4.52 trillion by 2027. Despite this positive outlook, questions about the credibility of India's GDP growth figures persist, with some opposition parties alleging data manipulation.