IMF’s Gopinath: India Must Improve Skills, Women’s Labor, and Reforms for Development

IMF’s Gita Gopinath highlighted the need for a more skilled workforce and increased women's labor force participation, emphasising safety and opportunity expansion.

Fiscal Space and Revenue

Gopinath called for raising the revenue-to-GDP ratio through GST reforms and a broader tax base to enhance fiscal space.

Infrastructure and Reforms

Investment in infrastructure and structural reforms, including land and labor market changes, are crucial. She also advocated for reducing trade tariffs to boost global integration.

Domestic Resource Mobilisation

Gopinath stressed the importance of relying on domestic resources to manage spending needs, including for climate and digital transitions.