Current Affairs Telugu Daily

IMF has Suggested three Structural Reforms in India
International Monetary Fund has suggested a pronged approach for structural reforms in India that includes 1.Reducing the number of labour laws 2.Improving infrastructure 3.Closing the gender gap among others  There should be three policy priorities in the area of structural reforms   according to IMF they are First priority is to address the corporate and banking sector weaknesses by accelerating the resolution of nonperforming loans  rebuilding the capital buffers for the public sector banks and enhancing banks debt recovery mechanisms Secondly India should continue with the fiscal consolidation through revenue measures  as well as further reductions in subsidies  Thirdly it’s to maintain the strong momentum for structural reforms in addressing the infrastructure gaps improving the efficiency of labour and product markets as well as furthering agricultural reforms
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