International monetary fund
Indian govt took ‘very decisive’ steps to deal with coronavirus, structural reforms working well: IMF chief
Georgieva said the steps taken by the Modi government on the monetary policy and the fiscal policy side is commendable. It is actually slightly above the average for emerging markets, she added.
IMF projects a contraction of 10.3% this year and a growth rate of 8.8% for the Indian economy in 2021
Noting the severe effects of lockdown on Indian economy, the World Bank said that India needed to continue with critical reforms to reverse the sudden effects of the pandemic.
IMF chief Kristalina Georgieva says slowdown in Indian economy is temporary, expects better growth in 2020
IMF chief Kristalina Georgieva on Friday said at the WEF that economic slowdown in India appears to be temporary