Effective fiscal-monetary coordination was core for India's success amid a series of adverse shocks: RBI Governor
- Posted on November 21, 2024
- By Business News Today
- 3 Views
Effective fiscal-monetary coordination was core for India's success amid a series of adverse shocks: RBI Governor
RBI Governor Shaktikanta Das underscored the importance of fiscal-monetary coordination in navigating India through global economic shocks. He highlighted India's success in managing inflation and supporting growth through effective supply management and structural reforms like GST and IBC. Das emphasized the RBI's proactive policy responses, including front-loaded rate hikes, to address inflation and support growth.