India’s growth stimulus – fiscal and monetary

The details are there in the media.

In case one is looking for original statement  from Government it is here. Details of Customs duty cut are here.

RBI statement is here. I don’t really like the term growth stimulus. RBI should simply call it monetary stimulus as that is what is the purpose of RBI – monetary management. Effective monetary management leads to growth anyways.

I haven’t analysed the fiscal stimulus as statement is not clear. Let me see if I can update this post with some details later.

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