Key Points
Washington, Apr 19 (PTI) The International Monetary Fund has applauded India for maintaining fiscal discipline in an election year, saying that the Indian economy is doing well and continues to be the worlds bright spot...
In a nutshell, India has a sweet spot at this point in time, the IMF official said.. Srinivasan said India is among the main drivers of global growth..
That is led by private consumption and a lot of public investment India will contribute almost 17 per cent of global growth..
I think those are things which need to be addressed effectively for India to gain from this young population and have long-term growth, Srinivasan said...
And the last thing I would say is for investors to make well-informed decisions about the economy, about various issues, itll be important to also at a fundamental level think in terms of our macroeconomic statistics, which can help people make well-informed decisions about investment, which is more durable, said the IMF official..
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