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The CEO Magazine
A monthly magazine for business leaders and decision makers
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manmohansingh

Why IMF says, India’s economic growth is “much weaker” than expected?

Why IMF says, India's economic growth is "much weaker" than expected? As India is going through an economic crisis, now IMF released a statement saying India's economic growth is "much weaker" than expected. IMF spokesperson Gerry Rice said that the major reasons for this slow-down are corporate and environmental regulatory uncertainty and lingering weaknesses in some non-bank financial companies. The International Monetary Fund (IMF) in July projected a slower growth rate for India in 2019 and 2020, a downward revision of

THE DESCENDING ‘GDP’ TRAJECTORY OF THE SEVENTH-LARGEST COUNTRY IN THE WORLD-INDIA

THE DESCENDING ‘GDP’ TRAJECTORY OF THE SEVENTH-LARGEST COUNTRY IN THE WORLD-INDIA Turning a blind eye to the serious crisis of the deteriorating economy of India would not change the fact that the GDP rate of the country has drastically fallen. With the lowest recorded value of 5% in the last 6 years, this would be one of the most impactful setbacks for the country and on the course for respite the Finance Minister Nirmala Sitaraman has suggested measures that promise to pool the country out of this situation of an…
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