IMF Staff Country Reports

India: Selected Issues

Publication Date:

March 10, 2005

Electronic Access:

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Summary:

This Selected Issues paper paints a picture of the Indian economy that has made great strides, but has more to do to accelerate growth and reduce poverty. The paper assesses empirically whether India has entered a new phase of higher trend growth. Two alternative methodologies are used to disentangle underlying structural growth trends from shorter-term cyclical fluctuations around this trend. The paper focuses on a number of the reforms required to ensure that needed high growth can be achieved on a sustained basis.

Series:

Country Report No. 2005/087

Subject:

Balance of payments Consumption taxes Corporate income tax Financial institutions Financial regulation and supervision Foreign direct investment Government securities Income and capital gains taxes Market risk Taxes