IMF sees India’s economy grow at 6.3% in current fiscal year

India’s economy is projected to grow at 6.3% in the current fiscal year and the next, the IMF said on Monday, supported by macroeconomic and financial stability. The country’s digital public infrastructure and a strong government infrastructure programme will continue to sustain growth, the IMF said in its Article IV consultation report. “India has potential for even higher growth, with greater contributions from labor and human capital, if comprehensive reforms are implemented,” the IMF said.

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