India : 2013 Article IV Consultation.

India's economy has slowed substantially before and after the global financial crisis. The economy is in a weaker position than before the crisis. With investment particularly hard-hit, potential GDP is likely to be lower than estimated. Inflation is constraining the room for monetary policy ea...

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Bibliographic Details
Corporate Author: International Monetary Fund. Asia and Pacific Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Staff Country Reports; Country Report ; No. 2013/037
Online Access:Full text available on IMF
Description
Summary:India's economy has slowed substantially before and after the global financial crisis. The economy is in a weaker position than before the crisis. With investment particularly hard-hit, potential GDP is likely to be lower than estimated. Inflation is constraining the room for monetary policy easing. Banks' capital ratios have fallen slightly, but asset quality is deteriorating considerably. The current account deficit registered a record high in 2011-12. Delivering on structural reforms, fiscal consolidation, and low inflation are critical for a sustained recovery.
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Physical Description:1 online resource (94 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students