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…