India: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India

October 15, 2021

Preview Citation

Format: Chicago

India: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India, (USA: International Monetary Fund, 2021) accessed November 21, 2024

Summary

The ongoing COVID-19 pandemic has created a prolonged health crisis. Economic activity was slowing prior to the pandemic. Two COVID-19 waves have resulted in a deep and broad-based economic downturn with the potential for a longer lasting impact. The authorities have responded with fiscal policy, including scaled-up support to vulnerable groups, monetary policy easing and liquidity provision, and accommodative financial sector and regulatory policies. Despite the pandemic, the authorities have continued to implement structural reforms.

Subject: COVID-19, Expenditure, Government debt management, Health, International organization, Monetary policy, Public debt, Public financial management (PFM), Revenue administration

Keywords: COVID-19, Eastern Europe, Global, Government debt management, Headline consumer price inflation, Labour market functioning, Monetary policy easing, Potential GDP, Privatization of government enterprise, The Authorities

Publication Details

Pages:

89
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2021/230
Stock No:

1INDEA2021001
ISBN:

9781513598925
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports