Finance Minister Signals Scope for Rate Cuts Ahead of MPC Meeting
Government hints at policy flexibility to support economic stability
New Delhi, Apr 7: Finance Minister Nirmala Sitharaman indicated that the Reserve Bank of India may consider reducing interest rates or introducing targeted measures to support key sectors.
Her remarks come just ahead of the Monetary Policy Committee meeting scheduled for April 8, amid global economic uncertainties. The statement suggests a possible shift towards accommodative policies aimed at sustaining growth and easing financial pressure on industries.
