Question

Which programme laid down by IMF in India?
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Answer 1

Economic policy reform laid down by IMF in India.

Explanation:

• In India, the focus of the International Monetary Fund is to facilitate the information flow among the government, and the Reserve Bank of India and also focus to train the officials from RBI, and national and the state governments.

• In 1991, the Indian economy was in a crisis of the balance of payment and lead a shape decline in rupee and it was only after the selling of gold reserves that gave India loans to cover the balance of payment debts.

• Other programmes related to surveillance of economic and financial policies and to provide Financial along with Technical Assistance and provide policy-oriented training in the fields of economics and related operational fields to selected officials.

• These policies are related to the financial planning, monetary policy, bank supervision, and other financial sector issues and exchange rate policy.

Learn more about the programme laid down by IMF in India.

• brainly.in/question/16639084 answered by Adityaanand20.

Answer 2

Answer:

Explanation:

The IMF has reduced India's economic growth forecast for the year 2019 to 4.8 percent.

The IMF lowered these estimates citing the weak growth in income in rural India with pressure from non-banking financial companies.

The IMF has informed about the state of the global economy before the World Economic Forum's annual summit begins in Davos.

The IMF believes that India's economic growth rate may be 4.8 percent in 2019, 5.8 percent in the year 2020 and 6.5 percent in the year 2021 thereafter.

According to the news agency PTI, IMF chief economist Geeta Gopinath has said that India's economic growth rate has been undermined largely due to softening in non-banking financial sector and weak growth in income in rural areas.

On the other hand, China's economic growth rate is expected to increase 0.2 percent to 6 percent in the year 2020.

The IMF said that domestic demand in India has come down sharply against expectations.

IMF Chief Economist Geeta Gopinath also said that the pace of global growth in the year 2020 is still uncertain.

He has given the reason for this that countries like Brazil, India and Mexico are not performing according to capacity.