SEBI Reg. Investment Advisor

Download App
Help Center Pricing
Money Works 4 Me Logo MoneyWorks4Me
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up
  1. Home
  2. Stock Market News
  3. India’s fiscal stance appropriate and sensible: IMF chief

India’s fiscal stance appropriate and sensible: IMF chief

14 Mar 2016 Evaluate

Giving a pat to government’s plan of sticking with the roadmap to narrow the fiscal deficit to 3.5 percent of gross domestic product (GPD) in the next financial year while raising public investment and focusing on distressed farm economy and infrastructure, the International Monetary Fund (IMF) has termed fiscal stance as appropriate and sensible. IMF chief Christine Lagarde while addressing the 3-day Advancing Asia conference, said that “We consider that the fiscal stance adopted by India is exactly appropriate and a very sensible objective that has been set. It's just the right one that has been set under the given circumstances.”

Lagarde further said that “We also highly value the investments being made into major infrastructure projects because we believe it is the right way to stimulate short-term growth'. Such investment could be called short-term stimulus and will improve medium to longer-term productivity in the country. She also said that this also means trying to eliminate as many bottlenecks as possible and reap the benefits of agriculture, manufacturing taking place in various parts of this very large and beautiful country.

The IMF chief said that there is the potential for growth, there is a growing population, there is scale of markets, there is a determination to reform, there are technological breakthroughs and there is creativity in an economy that is clearly on a road to growth and with a solid business model and a population that is also growing, there is no obstacle to growth at the moment,

On concern side, she pointed that while India is a net beneficiary of low oil prices, the only downside risk it faces is from asynchronous monetary policies and the spillover impact it could have, but added that 'I think clearly, India is mindful of preparing for that and is very attentive to its fundamentals in order to be able to resist that'.

Register Now to get our Free Newsletter & much more!
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×