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"India Must Complete Reform Process In 5 Years": Ex-NITI Aayog Official

Monday, April 22, 2019, 7:24 AM

India must focus on growth of labour-intensive sectors to create decent jobs for masses as-well-as give "serious thought" to privatising the PSBs, eminent economist Arvind Panagariya has said, emphasising that reform process must be completed in the coming five years. Arvind Panagariya, the noted academician, also stressed that serious thought must be given to the consolidation of numerous transfers into a single cash transfer.
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RBI to cut rates again before vote, BJP victory best for economy: Poll

Wednesday, April 3, 2019, 7:42 AM

The RBI will cut rates for a second-consecutive-time when its three-day policy meeting ends on Thursday, shortly before the first-phase of national-election begins, Reuters-poll found. Those expectations for another rate cut have strengthened over the past month after Shaktikanta Das was appointed as the new RBI Governor in December. Lending rates were lowered and the policy stance shifted at his first meeting in February.
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India Among World's Fastest Growing Large Economies: IMF

Friday, March 22, 2019, 8:35 PM

India has been one of fastest growing large economies in the world, IMF has said, asserting that the country has carried out several key reforms in the last five-years, but more needs to be done. "Important reforms have been implemented and we feel more reforms are needed to sustain this high growth, including to harness the demographic dividend opportunity, which India has," it said.

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