India's economic growth is weak due to: IMF

Washington, Ta. September 13, 2019, Friday

The International Monetary Fund (IMF) has expressed its opinion that the growth in corporate and environment regulatory in India and the poor performance of non-banking financial companies are less than the economic growth in India.

IMF spokesman Gary Rice said at a press conference that despite this, India was far ahead of China and would soon become the world's fastest growing economy.

Rice said we will introduce new figures in a timely manner. But at present the uncertainty of the Corporate and Environment Regulatory system is seen as weak due to the weakness of some non-banking financial companies.