## India: Staff Report for the 2004 Article IV Consultation

_IMF Staff Country Reports, March 10, 2005_

## Source details

**Canonical URL:** [India: Staff Report for the 2004 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/india-staff-report-for-the-2004-article-iv-consultation-18115)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/india-staff-report-for-the-2004-article-iv-consultation-18115/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/india-staff-report-for-the-2004-article-iv-consultation-18115/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/india-staff-report-for-the-2004-article-iv-consultation-18115/bundle-manifest.json)

## Bibliographic details
- Published: March 10, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451977578.002

---

### Executive summary findings
- India is on track for another year of robust growth in 2004/05.
- Growth rebounded to 8½ percent in 2003/04, the highest level in more than a decade.
- In 2005, firms appear to have embarked on a new investment cycle, underpinned by strong credit growth.
- Inflation has been running higher, driven largely by supply-side factors.
- The balance of payments position remains comfortable notwithstanding the higher oil prices.

### Thematic subjects and keywords
- Subjects: External debt, Inflation, Oil prices, Prices, Public debt, Revenue administration
- Keywords: Asia and Pacific, central government deficit, CR, deficit, Inflation, ISCR, merchandise import, Oil prices, second quarter growth, staff appraisal, WPI inflation

*International Monetary Fund. "India: Staff Report for the 2004 Article IV Consultation", IMF Staff Country Reports 2005, 086 (2005).*

---

## Content in this bundle

- **_cr0586**
  - [_cr0586 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2005/_cr0586.pdf.md){rel="alternate" type="text/markdown"}
  - [_cr0586 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2005/_cr0586.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/india-staff-report-for-the-2004-article-iv-consultation-18115_
