September 25, 2017

Ahead of RBI policy, govt building case for rate cut to revive economy

Experts have attributed the slowdown to the note ban in November last year and destocking by companies before the goods and services tax (GST) roll-out on July 1 this year.

With the criticism of the slowdown gaining in volume, top policymakers in the government have held a number of meetings to brainstorm on ways to revive the economy, boost exports, spur investments, and create jobs for the millions entering the workforce every year.

Read more at http://www.business-standard.com/article/economy-policy/govt-wants-more-rate-cuts-to-revive-growth-117092300779_1.html

No comments:

Post a Comment