01879cas a2200241 a 4500 AALejournalIMF018713 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484373125 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Asia and Pacific Dept. India : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (82 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 2018 Article IV Consultation highlights that stability-oriented macroeconomic policies and progress on structural reforms continue to bear fruit in India. Following disruptions related to the November 2016 currency exchange initiative and the July 2017 goods and services tax rollout, growth slowed to 6.7 percent in FY2017/18, but a recovery is under way led by an investment pickup. Headline inflation averaged 3.6 percent in FY2017/18, a 17-year low, reflecting low food prices on a return to normal monsoon rainfall, agriculture sector reforms, subdued domestic demand, and currency appreciation. Growth is forecast to rise to 7.3 percent in FY2018/19 and 7.5 percent in FY2019/20, on strengthening investment and robust private consumption. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/254 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/254/002.2018.issue-254-en.xml IMF e-Library