UID:
edoccha_9958108233702883
Umfang:
1 online resource (41 p.)
ISBN:
1-4983-6081-5
,
1-4983-4056-3
Serie:
IMF Working Papers
Inhalt:
India’s real GDP growth slipped substantially after the North Atlantic financial crisis. Return to a sustained high growth trajectory is feasible but it will need much more focused attention to the revival of manufacturing and to the acceleration of investment in transport and infrastructure. The immediate priority is to achieve the kind of fiscal quality and low inflation levels exhibited during 2003-08, with focused attention to increasing efficiency and compliance in tax revenue collection. Higher tax revenues can facilitate increases in public investment, which then crowd in private investment. The task ahead will be more difficult in view of the protracted slowdown in global growth and trade.
Anmerkung:
Description based upon print version of record.
,
Cover; Contents; I. Introduction; II. The Indian Economy: A Story of Consistent Growth; Table 1: India's Real GDP Growth; Table 2: Savings and Investment Rates; III. Getting Back to High Growth: A Simulation for 2017-32; Table 3: Savings and Investment Rates: Projections; Chart 1: Incremental Capital Output Ratios; Chart 2: Estimates of Total Factor Productivity Growth; Domestic Savings; External Savings; Infrastructure Investment; Table 4: Infrastructure Spending: 2006-12; Table 5: Infrastructure Investment: Projections; IV. Policy Imperatives for Getting Back to the High Growth Path
,
Public Savings and Fiscal PolicyTable 6: Fiscal Position of the Central Government; Chart 3: Central Government Revenues; Chart 4: Government Revenues and Income Levels; Chart 5: Corporate Tax Revenues; Chart 6: Personal Income Tax Revenues; Chart 7: Personal Income Tax Rates; Chart 8: Personal Income Tax Thresholds; Chart 9: Corporate Income Tax Rates; Chart 10: Corporate Tax in India: Effective Rate; Table 7: Income Tax Collections in India: 2011-12; Household Savings and Management of Inflation; Private Corporate Sector and Manufacturing; Foreign Savings and Capital Account Management
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Transport InfrastructureV. Conclusions; References
Weitere Ausg.:
ISBN 1-4983-0111-8
Sprache:
Englisch
