News > India should choose fiscal, monetary policy carefully to support ‘bright spot’
India should choose fiscal, monetary policy carefully to support ‘bright spot’
The Hindu | 14/10/2022 10:41 PM | Click to read full article
Even as it praised India’s growth rate forecasts of 6.8% in FY22-23 and 6.1% in FY23-24, the IMF cautioned that there was limited policy space given overall global conditions.
With downgrades in growth forecasts from June, and a slowdown predicted next year, a growth rate next fiscal year of 6.1% for India was “still a bright spot”, Anne-Marie Gulde-Wolf of DDAPD said,
