Indian elephant ready to run after economic reforms: IMF official
WASHINGTON: Global investors feel that the Indian "elephant is ready to run" after sustained economic reforms, a top IMF official has said, but underlined the need for implementing these reforms and having a sound banking sector balance sheet for a steady growth path.
Changyong Rhee, Director of the Asia and Pacific Department at the International Monetary Fund (IMF), also praised the Modi government for doing well in the area of reforms.
Gautam Kumar - Jalandhar - 4 hours ago
India is going to rise and progress to new heights. It will grow even faster at 9%-10% in NaMo term 2 from 2019-24.
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Godfather Senior - 5 hours ago
That''s a good new for India. Unfortunately, we have a lot more negative forces in the name of opposition parties, that always tries to scuttle every good project through their agitation, riot, false propaganda and what not ! Yet, Modi does his best to keep the nation marching ahead!
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Sudarshan Nindrajog - 2 hours ago
Every one in the world has praised modi and his reforms,he has transformed the country from poor and nonworking to rising and going pretty fast
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Raja Sekhar - 4 hours ago
How you are getting paid by modi cash or cashless to give this kind of fake projections when people have lost jobs and daily works by modi stupid tuglak ideas and moreover when there is any election happening in india IMF will give projections that india is on growth path, this is just another paid fake news to face karnataka elections, south people are not blind bhakths, maybe bjp rapists growth rate is more according to IMF...
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Alibhai - 12 mins ago
Recapitalization of NPA is a good idea but should be accompanied by removal of non performing bank officials especially the ones driven by greed to steal.
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Mdave - India - 30 mins ago
Day dreaming, the said elephant is dead. No money in market.
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