India’s GDP Projected to Slow to 6.6% Post-Demonetisation: IMF
From The Economic Times Investment recovery will remain modest and uneven across sectors, as deleveraging takes place and industrial capacity utilization picks up, IMF said. Cash shortages and payment disruptions caused by the demonetisation have undermined consumption and business activity, posing a new challenge to sustaining the growth momentum, the International Monetary Fund (IMF) has said. The GDP growth is projected to slow to