India records impressive growth in recent years: IMF

Director of the IMF Fiscal Affairs Department, Vitor Gasper, said that India's growth has been ‘impressive’ in the recent years which makes room for tax broadening efforts by the government. “Our view is that the elimination of fuel subsidies and the targeting of social benefits has delivered in terms of allowing the union budget target to be achieved at 3.5 per cent of GDP”, said Vitor.

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