
IMF hails India’s economic reforms
The IMF on Tuesday raised India’s growth projection to 6.6 per cent, an upward swing of 0.2 percentage points…reports Asian Lite News IMF Managing Director Kristalina Georgieva on Thursday praised India for undertaking “very significant reforms,” noting that the country makes a “substantial” contribution to global growth. While addressing a press conference on the sidelines of the annual IMF-World Bank meetings in Washington, Georgieva listed India’s reform efforts in multiple sectors. “India is one of the fastest-growing economies, and given its size, it contributes to global growth substantially. India is where it is because it has pursued very significant reforms,