After cutting growth forecast, RBI warns that lack of monsoon may hit consumption & more related News Here
Reserve Bank of India Governor Sanjay Malhotra on Friday cautioned that the projected shortfall in the south-west monsoon could hit rural demand and private consumption, although various government initiatives are expected to mitigate the impact.Speaking at the post-monetary policy press conference, Malhotra said consumption trends have remained healthy so far, but he acknowledged that a…