IMF Chief Lauds India’s Bold Economic Reforms: “They Proved Doubters Wrong”

IMF Managing Director Kristalina Georgieva praised India for its bold economic reforms including tax overhauls, digital payments, and Aadhaar implementation, calling India a key engine of global growth. Despite global slowdowns and trade tensions, India’s policy moves are credited with resilience and rapid expansion.

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IMF Chief Lauds India’s Bold Economic Reforms: “They Proved Doubters Wrong”
Finance • 71 days ago • 4937 views

IMF Chief Lauds India’s Bold Economic Reforms: “They Proved Doubters Wrong”

IN SHORTIMF Managing Director Kristalina Georgieva praised India for its bold economic reforms including tax overhauls, digital payments, and Aadhaar implementation, calling India a key engine of global growth. Despite global slowdowns and trade tensions, India’s policy moves are credited with resilience and rapid expansion.

TL;DR

  • IMF Chief emphasized India’s reform courage and innovation.
  • Highlighted GST revisions, income tax changes, and digital payments.
  • Noted India’s progress despite global economic headwinds.
  • Praised large-scale Aadhaar digital identity rollout.
  • India now projected as one of the fastest-growing major economies.
  • GDP growth forecast at 6.6-6.8% for 2025-26.
  • India poised to become 3rd largest economy globally.
  • Reforms drive economic stability and private sector adaptability.
  • Economic resilience despite US tariff pressures.
  • Georgieva reiterated IMF’s confidence in India’s continued growth.

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