Economic stability: The Reserve Bank of India has cut interest rates by 115 basis points so far this year, besides injecting billions in liquidity and ensuring financial stability. — Bloomberg
MUMBAI: India will not worry about missing its budget deficit target as it seeks to step up spending to support the economy, Finance Minister Nirmala Sitharaman said.
The stimulus spending won’t be wound down in a hurry, she said in an interview to Bloomberg TV.
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