RBI suggests boosting consumption to revive economy amid slowing GDP growth, high food inflation, ahead of Union Budget.
Ahead of Union Budget, RBI staffers suggest providing consumption boost as a way to revive the animal spirts
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Economists Urge Government to Boost Consumption to Tackle Soaring Inequality and Revive the Economy
135
Jan-19
Economy
Left Variant
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In the face of stagnating wages and rising living costs, RBI staff advocate for increased government spending to fuel consumption and drive equitable economic growth, urging action in the upcoming Union Budget.