Monetary policy has limits, need structural reforms: RBI governor

Reserve Bank of India governor Shaktikanta Das on Friday called for structural reforms and fiscal measures to activate growth, saying monetary policy has its limits. Das said that states should also play an important role by enhancing capital expenditure which has high multiplier effect. His comments come days ahead of the Union Budget on February 1.

from RSSMix.com Mix ID 8289560 https://ift.tt/2ux5paE