For the world as a whole, that cumulative loss between 2020 and 2025 is still projected at about $22 trillion. As India struggles to revive its economy, IMF Chief Economist Gita Gopinath says that the extent of the slowdown of the Indian economy has surprised many, “including us here at the IMF.” For the July – September quarter of 2019-20, India’s Gross Domestic Product (GDP) has dropped to a low of 4.5 percent, a drop that wasn’t entirely unexpected. Gita Gopinath: Firstly, I do think that both monetary and fiscal policy have responded appropriately and aggressively to this pandemic-driven crisis. (Express Photo: Pradip Das) Mysore-born Gita Gopinath has joined International Monetary Fund as its chief economist, becoming the first woman to occupy the top IMF post. 10 things to know about Gita Gopinath, IMF's new chief economist. Gita Gopinath, Chief Economist, IMF The IMF recommended a more direct fiscal stimulus in India, expanding to both urban poor and rural migrant workers, in addition to the public investments already announced that can help create jobs. The actions taken by monetary policy, in terms of monetary easing, asset purchases, liquidity infusions, have all been essential to preventing a financial catastrophe and excessive bankruptcies. India-born Harvard economist Gita Gopinath has been appointed as the chief economist at the International Monetary Fund (IMF). The IMF had forecasted that India will grow at 11.5 per cent in 2021, against a contraction of 8 per cent in 2020. NEW DELHI: IMF's Chief Economist Gita Gopinath on Thursday said it would be damaging for India to start tightening policy support in the midst of … IMF's Chief Economist Gita Gopinath on Thursday said it would be damaging for India to start tightening policy support in the midst of the COVID-19 pandemic and also stressed on … After the announcement of Maurice Obstfeld's retirement in December 2018, Harvard professor Gita Gopinath, a leading scholars in exchange rates, sovereign debt and capital flows was appointed as chief economist of the International Monetary Fund (IMF). When Geeta was just 9 years old, her family shifted to Mysuru, Kerala. Gita Gopinath, IMF chief economist (Photo: Reuters) The Fund whose voice must not go unheeded 2 min read. India’s recently-enacted agri laws have the potential to increase farmers’ income, but there is a need to provide a social safety net to the vulnerable cultivators, IMF’s Chief Economist Gita Gopinath has said. IMF's Gita Gopinath bats for infra investment in Budget. Gita Gopinath, the John Zwaanstra Professor of International Studies … She talks about what needs to be done, globalization, tackling the climate crisis and the “abundantly clear” need for global cooperation. IMF is a leading international body working in the field of global finance and economy. Updated: 28 Jan 2021, 09:19 PM IST Livemint. IMF's Gita Gopinath Says June's Global Economic Forecast Likely To Be Worse Than April's IMF And WTO For Lifting Trade Restrictions On Medical … The International Monetary Fund downgraded its outlook for the world economy on Wednesday, expecting global gross domestic product to shrink 4.9% this year, more than the 3% predicted in April. Caution over IMF projections. Gita Gopinath will be succeeding Maurice Obstfeld, who would retire at the end of 2018. Gita Gopinath: When you talk about the recovery, one has to look at how far is the country from where it would have been in the absence of the pandemic. IMF Chief Economist Gita Gopinath reacts to Amitabh Bachchan calling her ‘beautiful’ Actor complimented her on his television quiz show, ‘Kaun Banega … Ms. Gopinath will succeed Maurice (Maury) Obstfeld, who announced in … And what are its implications in today's economic landscape? In this interview, Gita Gopinath, Chief Economist at the International Monetary Fund, says the magnitude and speed of collapse in economic activity is unlike anything experienced in our lifetimes. International Monetary Fund (IMF) Managing Director Christine Lagarde appointed Gita Gopinath on Monday as Economic Counsellor and Director of the IMF’s Research Department. In 2019, Foreign Policy named her one of the Top Global Thinkers, in 2014, she was named one of the top 25 economists under 45 by the IMF and in 2011 she was chosen a Young … Ms. Gopinath is an elected fellow of the American Academy of Arts and Sciences and of the Econometric Society, and recipient of the Distinguished Alumnus Award from the University of Washington. How do exchange rates impact trade? Gopinath also sounded a note of caution over IMF’s growth projections for India for calendar year 2021. The salary hike is a very strong indicator of a positive mood. In that role she is the Director of IMF's Research Department and the Economic Counsellor of the Fund. Chief Economist of IMF Gita Gopinath reacted to a complimentary post by Amitabh Bachchan, saying he was the greatest of all time and that she was a … Gita Gopinath, chief economist at IMF, during an interview in Mumbai. Gopinath’s joined last week at a time, when she believes the world is experiencing a retreat from globalisation, posing challenges to … Gita Gopinath: नए कृषि कानूनों में किसानों की आय बढ़ाने की क्षमता, लेकिन सामाजिक सुरक्षा की जरूरत: IMF New Delhi: Amitabh Bachchan called Indian Monetary Fund (IMF) Chief Economist Gita Gopinath a ‘beautiful face’ on his popular television quiz show ‘Kaun Banega Crorepati 12’. New Delhi: IMF's Chief Economist Gita Gopinath on Thursday said it would be damaging for India to start tightening policy support in the midst of the COVID-19 pandemic and also stressed on reducing wasteful expenditures in the upcoming Budget. Big B praised her during a round with a contestant on ‘KBC 12’ where Gita’s picture was … NEW DELHI: International Monetary Fund's (IMF) chief economist Gita Gopinath on Thursday said it would be damaging for India to start tightening policy support in the midst of … The spread of COVID-19 vaccines will power a … Gita Gopinath (born 8 December 1971) is an Indian American economist who has been the Chief Economist of the International Monetary Fund since 2019. Ahead of India's annual budget presentation next week, IMF's chief economist Gita Gopinath … ... IMF's Chief Economist Gita Gopinath has praised the speed of India's economic recovery. Announcing her appointment, IMF Managing Director Christine Lagarde hailed the Mysore-born Gopinath as … Gita Gopinath was born on 8 December 1971 in Kolkata, West Bengal, her parents were from Kannur Kerala. The 46-year-old’s journey from a middle-class Mysuru girl to a world-class economist is a saga of hard work, focus and grit, breeding intellectual leadership. 3 of 5 4 of 5 Shoppers walk past a vacant storefront at Brickell City Centre, Friday, Nov. 6, 2020, in Miami. First woman Chief Economist of the IMF. Indian agriculture is in need of reforms, … The appointment of India-born Gita Gopinath as International Monetary Fund’s chief economist has made Indians proud.