The Hindustan Times-Aug 9

The International Monetary Fund (IMF) released the results of its annual assessment of the Indian economy this week. The good news is that India’s growth trajectory has recovered from the disruptions caused by demonetization and the teething troubles after the introduction of the Goods and Service Tax (GST). Real GDP growth in the fiscal year 2019-20 is expected to be 7.5%, the second highest under the Modi government. While there is always an element of uncertainty in such projections, it is the broad direction of continuous improvement in projected growth rate which is more important.

Read more at: https://www.hindustantimes.com/editorials/don-t-miss-the-fine-print-in-the-imf-annual-report/story-HRk47Je1FxHFqWe84x2jVK.html

First published in: The Hindustan Times