IMF pegs India's FY'15 growth at 5.4 per cent

February 20, 2014 21:18

The IMF today projected a 5.4 per cent economic growth for India in 2014-15 and suggested strengthening of inflation management polices and doing away with supply bottlenecks for better GDP.

The International Monetary Fund also sees inflation, driven by food prices, remaining near double digits in 2014-15. The organisation said tight monetary policy is likely to slow growth recovery.

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