Mumbai, Jan. 29 -- International Monetary Fund or IMF has stated in a latest update that India's productivity growth over the past two decades has been impressive, reflecting rapid expansion in high-value services, gradual efficiency-enhancing reforms, and scale advantages from a large domestic market. That said, additional gains would support the country's ambitions of becoming an advanced economy. Better supporting innovation, including by removing business barriers, can boost the productivity growth rate by nearly 40 percent, as the fund shows in its 2025 Article IV report. That significant productivity dividend would be like adding the output of the state of Karnataka, the fourth-largest state by output, to India's economy each decade...