As per latest report “Regional Economic Outlook (REO) for Asia and Pacific” by International Monetary Fund (IMF), India’s GDP growth is projected to rebound to 7.2% in the FY18 (2017 18) and 7.7% in FY19 (2018-19) after disruptions caused by demonetization. IMF has recommended the removal of long-standing structural bottlenecks to enhance market efficiency. It said temporary disruptions caused by cash shortages accompanying the currency exchange initiative are expected to gradually dissipate in 2017 as cash shortages ease. Such disruptions would also be offset by tailwinds from a favorable monsoon season and continued progress in resolving supply-side bottlenecks.