Non-inflationary budget to aid RBI in monetary easing: Finance Secy
The government has implemented measures to reduce the fiscal deficit and presented a non-inflationary Budget. Finance Secretary Tuhin Kanta Pandey emphasizes the need for fiscal and monetary policies to work together. The Budget projects a 4.4% fiscal deficit in FY’26. The Reserve Bank’s Monetary Policy Committee will decide on interest rate cuts during their February 5-7 meeting.
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