UPSC Economy UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC™
UPSC Economy UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC™
January 21, 2025 at 03:19 PM
📌 To Fix Economy, Boost Consumption 📍 What’s the News? RBI officials stress boosting consumption to revive economic growth, with private capex still sluggish and government spending reduced. 📌 Key Highlights ✅ Middle-Class Relief: Addressing food inflation and improving disposable incomes are critical to driving demand. ✅ Sticky Inflation: High food prices and their ripple effects need close monitoring. ✅ Bright Spot: Private consumption, led by e-commerce, offers hope despite global uncertainties. 📍 Way Forward Reviving demand and addressing inflation are vital to ensure economic recovery.
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