The International Monetary Fund (IMF) has forecasted that India will grow 7.5% in 2015-16, up from 7.2% in the current year.
energy, mining and power sectors; infrastructure gaps, land acquisition processes and environmental clearances.
The report says that India’s vulnerabilities have receded more than those of most emerging markets and sentiment has been revived.
Important observations made by the Report:
The report stressed the urgency of certain key reforms, including the bottlenecks in theenergy, mining and power sectors; infrastructure gaps, land acquisition processes and environmental clearances.
The report says that India’s vulnerabilities have receded more than those of most emerging markets and sentiment has been revived.
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