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India will become the fastest growing economy

As per the latest IMF report India will become the fastest growing economy. As the monsoon also reaching India, albeit a bit late should help the economy grow. Almost 60% of the population still depends on agriculture and most of the agriculture in turn depend on rain.

India's low dependency of about 19% on export should keeps it reasonably safe from a turmoil in global economy.

If USD were to crash as predicted by most of the analysts, This can potentially reduce our fiscal deficit as we are net importers and import most of our oil requirement, which is the biggest component of the bill.

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