India: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India

International Monetary Fund

No 2022/386, IMF Staff Country Reports from International Monetary Fund

Abstract: The economy has rebounded from the pandemic-related downturn but is facing new headwinds. The authorities have responded with fiscal policy measures to support vulnerable groups and to mitigate the economic impact of commodity price increases, as well as with front-loaded monetary policy tightening to address elevated inflation. A world class public digital infrastructure is facilitating innovation, productivity improvements and access to services. Further structural reforms, including to address the adverse impact of climate change, are needed to secure strong and sustainable growth.

Keywords: RBI values equity liability; insolvency regime; headline consumer price inflation; monetary policy action; digitalization success; gross investment; poverty estimate; Credit; Inflation; Fiscal stance; Global; Middle East; Eastern Europe; South Asia; Europe (search for similar items in EconPapers)
Pages: 90
Date: 2022-12-23
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