IMF hails Indias economic reforms

The IMF on Tuesday raised Indias growth projection to 6.6 per cent, an upward swing of 0.2 percentage pointsreports Asian Lite News IMF Managing Director Kristalina Georgieva on Thursday praised India for undertaking very significant reforms, noting that the country makes a substantial contribution to global growth. While addressing a press conference on the sidelines of the annual IMF-World Bank meetings in Washington, Georgieva listed Indias reform efforts in multiple sectors. India is one of the fastest-growing economies, and given its size, it contributes to global growth substantially. India is where it is because it has pursued very significant reforms,