Gita Gopinath, chief economist of the International Monetary Fund (IMF), said India needs to increase its government spending. Asked about what advice she would give to Prime Minister Narendra Modi, she told NDTV's Sonia Singh, "India needs to expand its testing capacity, some more budget spending would also help which is more direct cash and in-kind support for vulnerable people and also SMEs (small and medium enterprises, and the third is to recognise that this is an opportunity to strengthen reforms." India will grow at slightly over 1 per cent over 2020 and 2021, Ms Gopinath said.
from Videos https://ift.tt/2YyS6TT
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment