What the International Monetary Fund (IMF) forecasts about the Indian economy for 2018-19 therefore carries more than the usual interest. GrowthGross domestic product (GDP) growth in 2018-19 is forecast at 7.4%, up from 6.7% this year. Investment demandThe IMF database shows a rise in total investment as a percentage of GDP to 32%, from 31.7% in 2016-17. Also, the IMF doesn’t expect the pick-up in investment growth to be financed out of increased savings. At the end of 2018-19, the IMF expects consumer price inflation to be 5.2%.

Source: Mint April 23, 2018 17:26 UTC