What is the India’s growth forecast for 2016 as per latest report by the International Monetary Fund (IMF)?
What is the India’s growth forecast for 2016 as per latest report by the International Monetary Fund (IMF)?
[A]7.9%
[B]7.5%
[C]7.3%
[D]6.9%
7.5%
In the International Monetary Fund (IMF)’s latest Regional Economic Outlook for Asia and the Pacific, India’s growth forecast for 2016 and 2017 has retained at 7.5%. The key to boost India’s economic growth are structural reforms like Goods and Services Tax(GST) and in areas like land and labour.