Ranil Salgado, India Mission Chief at the International Monetary Fund (IMF), discussed the big questions on macroeconomic policy, growth dynamics and poverty alleviation, and challenges for India with Narayan Lakshman. Please characterise the steepness of the fall in growth in India due to the COVID-19 pandemic, across sectors and the impact on jobs and future growth. That was a stress we saw and was a concern, just ahead of the COVID-19 crisis. When you think of India about two years ago, the country was averaging 7+% growth, over the previous decade. We think India can get back toward that, even we are not sure how quickly it will.

Source: The Hindu August 19, 2020 08:42 UTC