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

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

February 22, 2017

Electronic Access:

Free Full text (PDF file size is 3890 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The Indian economy has recorded strong growth in recent years, helped by a large terms of trade gain, positive policy actions including implementation of key structural reforms, a return to normal monsoon rainfall, and reduced external vulnerabilities. Inflation has remained low after the collapse in global commodity prices, a range of supply-side measures, and a relatively tight monetary stance. Key macroeconomic challenges include persistently-high household inflation expectations and large fiscal deficits, which limit policy space for supporting growth through demand measures. Supply bottlenecks and structural impediments are the main constraints to medium-term growth and job creation.

Series:

Country Report No. 17/54

Subject:

English

Publication Date:

February 22, 2017

ISBN/ISSN:

9781475579789/1934-7685

Stock No:

1INDEA2017001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

108

Please address any questions about this title to publications@imf.org