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India policy reforms News

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Days ahead of the budget, Moody's on Thursday said its positive outlook on India reflects expectations of continued policy reforms reducing government debt even as it feels that the high debt level limits room to cut fiscal deficit quickly.
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India's economy, which accounts for over 70 percent of South Asia's GDP, had grown by about 7.2 percent in 2015.
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The US manufacturing industry on Wednesday said it is ready to invest in India but for this it needs Prime Minister Narendra Modi to enact "serious policy reforms" that level the playing field for all and encourage and protect collaboration and innovation.






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