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India: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India
Author:
International Monetary Fund. Asia and Pacific Dept
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2021: Issue 230
Language:
English
Publication Date:
15 Oct 2021
DOI:
https://doi.org/10.5089/9781513598925.002
ISBN:
9781513598925
ISSN:
1934-7685
Pages:
89
Keywords:
headline consumer price inflation; The Authorities; potential GDP; labour market functioning; monetary policy easing; privatization of government enterprise; COVID-19; Government debt management; Global; Eastern Europe
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The ongoing COVID-19 pandemic has created a prolonged health crisis. Economic activity was slowing prior to the pandemic. Two COVID-19 waves have resulted in a deep and broad-based economic downturn with the potential for a longer lasting impact. The authorities have responded with fiscal policy, including scaled-up support to vulnerable groups, monetary policy easing and liquidity provision, and accommodative financial sector and regulatory policies. Despite the pandemic, the authorities have continued to implement structural reforms.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund