BusinessTo Remove Inequality In India, Spend More On Education, Health: IMF Chief
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To Remove Inequality In India, Spend More On Education, Health: IMF Chief
Government spending needs to be targeted well, says IMF's Gita Gopinath
Corporate tax rate cut a move in right direction, the top economist adds
IMF has lowered its forecasts for growth in India to 6.1% in 2019
India should first think about the many other ways to reduce inequality, said Gita Gopinath
Inequality could be removed from India by spending more on education and health, International Monetary Fund (IMF) Chief Economist Gita Gopinath told NDTV in an exclusive interview in the US. "At times, government spends a lot but it is not well targeted. Subsidies used are not well targeted. You can improve not just the amount of spending but also its effectiveness," said Gita Gopinath, days after the IMF cut its forecasts for growt...