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Tag Archives: demonetisation impact

After World Bank, IMF Too Downgrades India Growth Story Post-Demonetization

PM IMF speech

after the traumatic brakes on India growth story due to demonetisation, India will see a GDP loss of 1% in the current fiscal year and 0.4% next year, said IMF within days after the World Bank downgraded India growth estimate. The International Monetary Fund (IMF) estimates India’s growth rate for the current fiscal year to 6.6% from its previous estimate ...

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