India : Staff Report for The 2015 Article IV Consultation.

This 2015 Article IV Consultation highlights that India's near-term growth outlook has improved, and the balance of risks is now more favorable, helped by increased political certainty, several positive policy actions, improved business confidence, and reduced external vulnerabilities. Growth i...

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Müşterek Yazar: International Monetary Fund. Asia and Pacific Dept
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2015.
Seri Bilgileri:IMF Staff Country Reports; Country Report ; No. 2015/061
Online Erişim:Full text available on IMF
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520 3 |a This 2015 Article IV Consultation highlights that India's near-term growth outlook has improved, and the balance of risks is now more favorable, helped by increased political certainty, several positive policy actions, improved business confidence, and reduced external vulnerabilities. Growth is projected at 5.6 percent for FY 2014/15, picking up to 6.3 percent in FY 2015/16, as a result of the revival in industrial and investment activity. However, weaknesses in India's corporate and bank balance sheets will weigh on credit growth, and fiscal restraint and a tight monetary stance will act as headwinds in the near term, offsetting the positive growth impact of the improved commodity terms of trade. 
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830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2015/061 
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