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India needs to increase productivity, private investment, high-quality jobs to achieve 6.8% growth: IMF
Nov-13-2026

International Monetary Fund’s (IMF) Communications Director Julie Kozack has emphasized the need of higher productivity growth, stronger private investment and faster creation of high-quality jobs in India to achieve the medium-term potential growth of 6.8%. He added that these issues will come up during the Article 4 consultations with India. 

In its October World Economic Outlook, the IMF had upgraded India's medium-term potential growth to 6.8% from its earlier estimate of 6.5%. Kozack noted that upgrade took into account a few factors, including favourable demographics, a large and growing domestic economy or domestic market for goods, and continued momentum on structural reforms. 

Despite of these favourable factors, IMF is encouraging India to take continuing reforms, particularly to focus on how productivity growth can be increased. She also highlighted importance of India in global economy, saying the country remains a key growth engine for the world, with strong economic fundamentals and considerable resilience.

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