• Wednesday, May 29, 2024

Business

Reforms undertaken by Prime Minister Modi , will reflect in mid and long-term growth : World Bank chief

By: Eastern Eye Staff

“The reform process has been significant. We think that certainly in the medium and long term, the growth will reflect the seriousness of Prime Minister Modi’s government in making those reforms,” Jim Yong Kim told reporters at the start of the annual meeting of the IMF the World Bank here. Kim was responding to a question on recent slowdown of the Indian economy. Both the World Bank and the IMF have downgraded India’s growth projections. The reforms undertaken by Prime Minister Narendra Modi have been “significant” and the results would be reflected in the mid and long-term growth figures, the…

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