Speaking at an event at Delhi School of Economics, IMF's First Deputy Managing Director also points out that reforms like investment in education, infra, health should be increased.
In a conversation with Shekhar Gupta at 'Off The Cuff', Gita Gopinath says India must maintain its momentum on spending to provide support to the economy.
Harvard University had extended her leave of absence on an exceptional basis by 1 year, which allowed her to serve as chief economist at the International Monetary Fund for 3 years.
Chief Economist Gita Gopinath said Indian economy faces many challenges with regard to financial market after IMF's latest outlook projected 9.5% growth rate for India in 2021.
IMF Tuesday projected a 12.5% rate for India in 2021, stronger than that of China, the only major economy to have a positive growth rate in 2020 during the pandemic.
IMF’s chief economist says India should continue providing support in cash and kind, allocate more to MGNREGA to reduce inequality and poverty post pandemic.
IMF's chief economist Gita Gopinath talks about how countries can handle the consequences to economies, environment, and health systems. Read the full interview here.
Speaking at the digital Off The Cuff, Gita Gopinath also said there was a lot of uncertainty around DGP forecasts, which are being revised based on ground realities. Read the full text here.
IMF Chief Economist Gita Gopinath says India is spending around 1% of its GDP to combat the economic impact of Covid-19, but emerging markets on average are spending 2.5%.
Hyundai was never scared of rivals overtaking them last year. But in 2027, the mythical ‘Creta Killer’ may finally emerge. Or it could continue to remain a myth.
IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.
Stick to your turn Mrs Gopinath. Domestic policies are not your turf,