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

India: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India
ISBN-10
ISBN-13
9798400228360
Series
India
Category
Business & Economics
Pages
90
Language
English
Published
2022-12-23
Publisher
International Monetary Fund
Author
International Monetary Fund. Asia and Pacific Dept

Description

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.

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