International Monetary Fund  Terms 'Atmanirbhar Bharat' an 'Important Initiative'

The International Monetary Fund (IMF) on September 24, stated ‘Atmanirbhar Bharat’ as an ‘important initiative’ to support Indian economy and prevent downside risks. Speaking about India's ‘Make for the World’ goal, Gerry Rice, director-communication department, IMF, said India has to focus on policies that “integrate India in the global value chain, including through trade, investment and technology.” He added that ‘comprehensive structural reforms’ were needed to achieve sustainable growth.