Inflation to ease on lower borrowings: RBI governor Shaktikanta Das
Monday, 12 February 2024
RBI governor Shaktikanta Das supports govt's focus on capex, as it is a GDP multiplier. Lower govt borrowings will free up capital for the private sector, easing inflation and boosting growth. The borrowing quantum is important for monetary policy and has a positive impact on moderating inflation. The debt-to-GDP ratio has decreased from 88% to 81%.
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