2 years, 2 months ago
India is doing better and in relatively bright spot compared to others: IMF
Deccan ChronicleWashington: When everyone is slowing down in terms of economic growth, India has not remained unimpacted, but is doing better and is in a relatively bright spot compared to other countries, a top International Monetary Fund official said on Tuesday. In that context, India is doing better and is in a relative bright spot compared to the other countries in the region,” Srinivasan said. And so, both for both reasons, you see some slowing in India, and that's why we revised it to 6.8 per cent this year and to 6.1 per cent the next year,” Srinivasan added. Now, going forward, it is not gonna be easy, because, to continue the growth prospects, India has to continue with this ambitious CAPEX plan,” Srinivasan said.
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