More Aggressive Reforms To Support Economic Recovery: D&B

According to a report, India needs execution and implementation of recently announced policy initiatives as well as more aggressive reforms in the year ahead for supporting economic recovery.

More Aggressive Reforms To Support Economic Recovery: D&B
According to the Dun & Bradstreet economy forecast, though the recent policy initiatives are expected to help optimism levels, their execution and expenditure on the infrastructure sector are the key factors that would drive economic momentum.

Commenting on the issue, Dun & Bradstreet India Lead Economist Arun Singh told the media, "While the government has taken a series of policy initiatives and measures recently, execution and implementation of these initiatives and more aggressive reforms in the year ahead will support economic recovery."

"Going forward, the only ray of hope for the sustained revival of the Indian economy would arise from the strong inertia from the government on the execution of reforms and expenditure on infrastructure," he added.

Read more about: economic recovery
Story first published: Tuesday, May 24, 2016, 12:30 [IST]
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