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How to tackle India’s current deceleration | HT Analysis

Increase wages of MGNREGA workers; increase the disbursal for food subsidy, and boost public investment
Union finance minister Nirmala Sitharaman at a press conference, New Delhi, November 6, 2019
Union finance minister Nirmala Sitharaman at a press conference, New Delhi, November 6, 2019
Published on Nov 10, 2019 07:06 PM IST
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By Deepankar Basu

Rate cuts haven’t work

To stem the slowdown, policies must focus on reviving demand
The Indian economy badly needs a policy stimulus to come out of its present deceleration. To be sure, the monetary policy arm of the government has been trying to provide this stimulus. The Reserve Bank of India has already cut policy rates thrice in 2019(REUTERS)
The Indian economy badly needs a policy stimulus to come out of its present deceleration. To be sure, the monetary policy arm of the government has been trying to provide this stimulus. The Reserve Bank of India has already cut policy rates thrice in 2019(REUTERS)
Published on Aug 01, 2019 07:59 PM IST
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Hindustan Times | By HT Correspondent
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Tuesday, October 19, 2021