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        News and Press Release

        Strong Macro-Economic Fundamentals And Reforms for Sustained Growth

        October 25, 2017

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        India's economy: low inflation, fiscal consolidation and major infrastructure and banking reforms to boost growth. The document links sustained low inflation, CAD below 2% and elevated forex reserves to steady fiscal consolidation, and describes a reform package-GST, asset monetisation and large-scale public capital expenditure (roads, ports, housing, power, rail)-alongside banking-sector measures (AQR, NPA recognition, provisioning, insolvency tools, capital infusion) and targeted MSME support to catalyse investment, jobs and faster GDP growth.
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                                India's economy: low inflation, fiscal consolidation and major infrastructure and banking reforms to boost growth.

                                The document links sustained low inflation, CAD below 2% and elevated forex reserves to steady fiscal consolidation, and describes a reform package-GST, asset monetisation and large-scale public capital expenditure (roads, ports, housing, power, rail)-alongside banking-sector measures (AQR, NPA recognition, provisioning, insolvency tools, capital infusion) and targeted MSME support to catalyse investment, jobs and faster GDP growth.


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