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home / news releases / INDY - India's Economy Needs More Than Stimulus. It Needs Reform


INDY - India's Economy Needs More Than Stimulus. It Needs Reform

By Prakash Sakpal, Economist, Asia

The failure of aggressive stimulus to jumpstart India's economy suggests it isn't just in a cyclical slump; structural elements are also playing a part. Absent significant structural reforms, Prime Minister Narendra Modi's vision of making India a $5 trillion economy in five years will remain a pipe dream

No end to the downtrend, just yet

The Indian economy has been on a weak growth path despite the massive fiscal and monetary policy stimulus it received last year. GDP growth slumped to more than a six-year low of 4.5% year-on-year in

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Stock Information

Company Name: iShares S&P India Nifty 50 Index Fund
Stock Symbol: INDY
Market: NASDAQ

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