Mumbai, Nov. 13 -- India would need higher productivity growth, stronger private investment and faster creation of high-quality jobs to achieve the medium-term potential growth of 6.8 per cent, the International Monetary Fund (IMF) said on Thursday. In its October World Economic Outlook, the IMF had upgraded India's medium-term potential growth to 6.8 per cent from its earlier estimate of 6.5 per cent. The upgrade took into account a few factors, including favourable demographics, a large and growing domestic economy or domestic market for goods, and continued momentum on structural reforms, Julie Kozack, Communications Director, IMF, told.

Published by HT Digital Content Services with permission from Capital Market....