India: Staff Report for 2014 Article IV Consultation

Publication Date: February 20, 2014
Electronic Access: Free Full text (PDF file size is 2,887KB).
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Summary: This 2014 Article IV Consultation highlights that India’s growth has slowed markedly, reflecting global developments and domestic supply constraints, while inflation remains stubbornly high. Led by falling infrastructure and corporate investment, the slowdown has generalized to other sectors of the economy. The financial positions of banks and corporate have deteriorated. The principal risk facing India is the inward spillover from global financial market volatility. Growth is projected at 4.6 percent for fiscal year 2013/14, and should pick up to 5.4 percent in 2014/15 (at factor cost).
Series: Country Report No. 14/57
Subject(s): Article IV consultation reports | Economic growth | Fiscal policy | Current account deficits | Fiscal consolidation | Fiscal reforms | Monetary policy | Banking sector | Economic indicators | Debt sustainability analysis | Millennium Development Goals | Staff Reports | Press releases | India

Publication Date: February 20, 2014
ISBN/ISSN: 9781484308257/1934-7685 Format: Paper
Stock No: 1INDEA2014001 Pages: 95
US$18.00 (Academic Rate:
US$18.00 )
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