01778cas a2200241 a 4500 AALejournalIMF015079 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498341783 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Asia and Pacific Dept. India : Staff Report for The 2015 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (92 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2015 Article IV Consultation highlights that India's near-term growth outlook has improved, and the balance of risks is now more favorable, helped by increased political certainty, several positive policy actions, improved business confidence, and reduced external vulnerabilities. Growth is projected at 5.6 percent for FY 2014/15, picking up to 6.3 percent in FY 2015/16, as a result of the revival in industrial and investment activity. However, weaknesses in India's corporate and bank balance sheets will weigh on credit growth, and fiscal restraint and a tight monetary stance will act as headwinds in the near term, offsetting the positive growth impact of the improved commodity terms of trade. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2015/061 Full text available on IMF http://elibrary.imf.org/view/journals/002/2015/061/002.2015.issue-061-en.xml IMF e-Library