Fiscal, monetary steps to help boost consumption, says Finance minister Nirmala Sitharaman

Finance minister Nirmala Sitharaman emphasized that coordinated fiscal and monetary efforts by the government and RBI will boost consumption. She noted early signs of strong orders for the next fiscal, indicating a recovery in consumption and potential private investment. Her remarks followed income tax relief measures and an RBI rate cut, highlighting collaboration with the RBI to maintain economic stability.

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