Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Rate cut alone not sufficient, economists tell RBI
Update / Judgement Date
26 Jan 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Economists have told the RBI that a rate cut alone will not be sufficient to address the challenges facing India’s economy. While there is consensus on the need for a rate cut to stimulate economic growth, experts believe that other measures, such as structural reforms and targeted fiscal policies, are necessary for sustained economic recovery. The RBI is expected to consider these recommendations in its upcoming policy review, with a focus on balancing inflation control and economic growth objectives.