<h1>IMF Projects Global Growth at 3% for 2019; India Outpaces Global Average with Targeted Industrial Policies.</h1> Global growth is projected at 3.0% for 2019, the lowest since 2008-09, according to the IMF. Despite this, India is growing faster than the global average. Over the past five years, India's Index of Industrial Production (IIP) and core industries have shown varied growth rates. The government has implemented measures to enhance industrial growth, including infrastructure development, easing FDI policies, and improving business conditions. Sector-specific initiatives include policies for steel, coal, electricity, and petroleum to boost domestic production and demand. These efforts aim to stimulate investment, production, and consumption across key sectors.