Tuesday, November 28

Tag: economic reforms

Economic Reforms To Help Support Long-Term Growth: BMI Research
ANALYSIS

Economic Reforms To Help Support Long-Term Growth: BMI Research

India is expected to remain one of the fastest growing emerging markets with real GDP growth averaging 6.5 per cent over the next five fiscals, though bureaucratic inefficiencies will continue to cap the countrys growth potential, says a report. According to a report by BMI Research, a Fitch Group company, while India's ease of doing business ranking has improved, significant bureaucratic inefficiencies are likely to cap the country's growth potential further. "We believe that the ongoing economic reforms and improvements to the business environment will continue to support India'sĀ economic growth over the coming years, and we expect the country to be one of the best performing emerging market economies, with real GDP growth set to average 6.5 per cent over the next five fiscal years,"...