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IMF suggests India three steps to sustain high growth rate

Friday, June 29, 2018, 1:26 PM

To sustain the high growth rate India has achieved, the country should carry out banking sector reforms; continue with fiscal consolidation, simplify and streamline GST; and renew impetus on reforms, the International Monetary Fund (IMF) said Friday. India's growth accelerated to 7.7% in the fourth quarter of Financial Year (FY) 2017-18. That was up from 7% in the previous quarter.

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