India : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India

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India : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India
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Volume/Issue:
2017/54
Series:
IMF Staff Country Reports
Author(s):
International Monetary Fund. Asia and Pacific Dept
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
February 2017
DOI:
http://dx.doi.org/10.5089/9781475579789.002
ISBN:
9781475579789
ISSN:
1934-7685
Page:
108
This 2017 Article IV Consultation highlights strong growth recorded by the Indian economy in recent years helped by a large terms-of-trade gain and positive policy actions. Inflation has remained low following the collapse in global commodity prices, a range of supply-side measures, and a relatively tight monetary stance. Fiscal consolidation at the Union Government level resumed in FY2016/17 and has been complemented by measures to enhance the quality of public spending. Growth is projected to slow to 6.6 percent in FY2016/17 and then rebound to 7.2 percent in FY2017/18, owing to temporary disruptions, primarily to private consumption, caused by cash shortages.
Article

India: Staff Report for the 2017 Article IV Consultation—Informational Annex

Author(s):
International Monetary Fund. Asia and Pacific Dept
Published Date:
February 2017
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