India needs to create high-quality jobs, increase productivity growth: IMF

India needs to create high-quality jobs, increase productivity growth: IMF

IMF flags India needs productivity gains, private investment, and high-quality job creation to reach 6.8% growth potential and sustain reform momentum.

India needs productivity push, private investment to achieve 6.8% growth potential: IMF

IMF's Communications Director Julie Kozack said that the upward revision factored in favourable demographics, the size and expansion of India's domestic market, and sustained momentum in structural reforms.

IMF raises India’s potential, calls for faster reforms

Chennai, Nov 13: India could achieve its estimated medium-term growth potential of 6.8 per cent by accelerating productivity improvements, encouraging greater private investment and creating more high-quality employment opportunities, the International Monetary Fund (IMF) said on Thursday. In its October edition of the World Economic Outlook, the IMF revised India’s medium-term potential growth estimate upwards [...] The post IMF raises India’s …

More high-quality jobs, pvt investment needed for India’s 6.8% medium-term growth: IMF

India is a nation in a hurry, having set a target of becoming a developed nation by 2047. IMF has now stated that the country needs three things — higher productivity growth, stronger private investment and faster creation of high-quality jobs — to achieve the potential medium-term GDP growth of 6.8%.