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.
Economists Urge Government to Boost Consumption to Tackle Soaring Inequality and Revive the Economy
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Jan-19
Economy
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RBI suggests boosting consumption to revive economy amid slowing GDP growth, high food inflation, ahead of Union Budget.