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As the International Monetary Fund slashed India’s economic growth forecast to 4.8 percent for the current fiscal year, IMF chief economist Gita Gopinath said that all is not lost for the Indian economy.
In conversation with India Today News Director Rahul Kanwal at the 50th annual meeting of the World Economic Forum (WEF) in Davos, Gita Gopinath spelled out how India can come out of the economic slump.
Gita Gopinath said growth in India slowed sharply owing to stress in the non-bank financial sector and weak rural income growth.
