💨 Abstract

Reserve Bank Governor Sanjay Malhotra stated India can achieve a growth rate of over 7%, and the nation should aim for this. He also said the income tax relief in the budget will support growth without fueling inflation. The RBI projected a retail inflation rate of 4.2% for the next financial year, with food inflation expected to decrease due to good crop production.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖