IMF calls for urgent action by India
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India government must consider immediate steps to reverse the economic slowdown of an economy that has been one of the engines of global growth stated the International Monetary Fund

Declining expenditure and investment and falling tax revenue, have combined with other factors to put the brakes on one of the fastest-growing economies in the world.

After empowering millions out of poverty “India is presently in the midst of a significant economic slowdown”.

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