RBI rate cut justified at this stage: Subhash Garg, DEA Secy
  • WebDesk BTVI
  • Feb 11 2019

Based on data and facts, the rate cut by RBI and its change of stance to 'neutral' in the latest monetary policy, are justified, according to Subhash Chandra Garg, Secretary, Department of Economic Affairs (DEA). In an exclusive interaction with Siddharth Zarabi, Executive Editor, BTVI, Garg said that data suggests inflation will remain control for the next one year.