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* IMF: Structural Reforms to Boost Long-term Growth * OECD: Structural Reforms Needed to Secure Recovery * IMF: Structural Reforms Vital to Strengthen Resilience * EU: Structural Reforms Needed to Spur Growth * IMF: Structural Reforms Needed to Foster Economic Growth * World Bank: Structural Reforms Needed to Reach Sustainability * OECD: Structural Reforms Are Crucial for Inclusive and Sustainable Growth * World Bank: Structural Reforms Needed to Enhance Productivity * IMF: Structural Reforms Needed to Support Growth * OECD: Structural Reforms Essential to Promote Inclusive and Sustainable Development * World Bank: Structural Reforms Essential for Sustainable and Inclusive Growth
Amitabh Kant, India's G20 Sherpa and former Niti Aayog chief, praised India's structural reforms, noting that they have elevated the country from the "fragile 5" to the "top 5," resulting in a growth rate of approximately 8.4% over the last three quarters. Kant highlighted analysts' projections that foresee India contributing 30% to global GDP growth between 2035-2040.
Industry leaders urge the government to prioritize infrastructure development and structural reforms in the Union Budget 2024-25 to achieve sustainable and inclusive economic growth. Get more Union Budget News and Business News on Zee Business.
Hemang Jani, a market expert, indicates that the recent market momentum may taper off but highlights potential in defence and clean energy sectors due to structural reforms. He recommends cautious investment in specific companies like Deepak Nitrite and BEL amidst broader market volatility, advising against getting carried away by past performance.
IMF World Economic Outlook Oct 2024 has a chapter on Social Acceptability of Structural Reforms: Structural reforms are urgently needed as the world grapples with low growth, demographic shifts, and challenges related to the green and technological transitions. However, reform efforts have waned in recent years amid rising public resistance. Chapter 3 delves into the…