Low inflation, macro stability and private investment critical for sustained growth, says RBI paper

This reflects RBI's current focus on controlling inflation through monetary tightening measures even as this means sacrificing economic growth in the short run. RBI raised its policy rate by 40 basis points in an out-of-turn monetary policy meeting earlier this month and is expected to go for further rate hikes to control inflation.

Low inflation, macro stability and private investment critical for sustained growth, says RBI paper
This reflects RBI's current focus on controlling inflation through monetary tightening measures even as this means sacrificing economic growth in the short run. RBI raised its policy rate by 40 basis points in an out-of-turn monetary policy meeting earlier this month and is expected to go for further rate hikes to control inflation.