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Little Space For Any Fiscal Expansion By Government: Shaktikanta Das

Shaktikanta Das said the recent rise in crude prices will not have a significant impact on inflation.
Shaktikanta Das said the recent rise in crude prices will not have a significant impact on inflation.
Reserve Bank of India Governor Shaktikanta Das on Thursday said that there is little space for any fiscal expansion by the government. The central bank chief was speaking at the Bloomberg India Economic Forum in Mumbai. Describing the international environment today as one is clouded with challenging conditions, he said: "Global growth is slowing down and central banks across world are bracing up to counter it by easing monetary poli...
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