International Monetary Fund(IMF) says India's growth is likely to grow to 2% in the 2017-18 fiscal and 7 % in 2018-19 after disruptions caused by demonetization. IMF suggested the removal of long-standing structural bottlenecks to enhance market efficiency.
According to the IMF, "Such disruptions would also be offset by tailwinds from a favorable monsoon season and continued progress in resolving supply-side bottlenecks"
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