IMF says India's overall growth 'very strong' by world standards
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Despite India's economic growth rate dipping to 6.1%, the International Monetary Fund(IMF) is optimistic about India's growth. The Deputy Research Director of IMF, Gian Maria Milesi-Ferreti said on Tuesday that India's overall growth is 'very strong' as per Global standards. Gian and IMF Chief Economist Gita Gopinath predicted that India's economy will pick up next year. "India would recover to 7% growth in 2020," Gopinath said.