IMF chief asks India to remove investment bottlenecks
January 24, 2014  18:12
International Monetary Fund chief Christine Lagarde today advised India to improve its business climate and remove a host of bottlenecks hampering investment.

"I think there is one word that applies to Indian economy, the real economy, it is bottleneck...there are bottlenecks in many corners...I would say addressing bottlenecks of Indian economy should be priority," IMF Managing Director Lagarde told NDTV.

She also said fighting corruption is important in all the countries where the menace exists. Suggesting steps to boost the Indian economy, the IMF chief further said the government should focus on fiscal consolidation.
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