Mr Harsha Vardhan Agarwal, President, FICCI, commenting on the monetary policy statement released by the RBI said, “FICCI is encouraged by RBI’s upward revision of India’s growth outlook from 6.5% to 6.8% for FY 2025-26, reflecting the underlying resilience of the economy and the positive impact of recent policy initiatives, particularly the rationalisation of GST.” We also welcome the additional measures announced by the RBI to strengthen the banking system, enhance credit flows, improve the ease of doing business for exporters, and advance the internationalisation of the Rupee. These are timely and forward-looking and will give a further boost to business confidence. “As we look forward to accelerating the growth momentum, we remain confident that the RBI will continue to support growth with timely measures, including a potential cut in repo rate in the next policy statement”, added Mr Agarwal.
More News
|
|