Reforms in manufacturing, exports can bring India back to 8% growth: OECD
Modis reforms get a thumbs-up, but GST and other reforms must be implemented to ensure long term growth says OECD Bidhu Bhushan Palo | @TheDollarBiz Increased productivity is the foundation for comparative advantage, says Ms. Catherine L Mann, Chief Economist, OECD (Pic. Source - OECD/Marco Illuminati) Indias focus on manufacturing and move towards trade facilitation is a step in the right direction and implementation of reforms can help Indias Gross Domestic Product (GDP) get back on the 8% growth trajectory in coming years, according to the latest Organisation for Economic Co-operation and Development (OECD) Economic Survey of India. The Survey, presented in New Delhi by OECD Chief Economist Catherine L. Mann and Arvind Subramanian, Chief Economic Adviser to the Government of India, says ...
