AnyTV News
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Automobiles
  •  
    • Lifestyle
    • Health
    • Education
    • Viral News
    • Agriculture
    • Astrology
    • Election
No Result
View All Result
  • Select Language
    • English
    • हिंदी
    • ગુજરાતી
  • Advertise With Us
Follow us on Google News
AnyTV News
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Automobiles
  •  
    • Lifestyle
    • Health
    • Education
    • Viral News
    • Agriculture
    • Astrology
    • Election
No Result
View All Result
AnyTV News

CII expects rate cut by RBI in February, it is important to pay special attention to this –

by Aaryan Srivastav
January 8, 2025
CII expects rate cut by RBI in February, it is important to pay special attention to this - India TV Hindi

Photo:FILE The CII Chairman said that public expenditure is increasing and consumption should also pick up.

Industry body Confederation of Indian Industry (CII) says it is expected that the Reserve Bank of India (RBI) will cut benchmark interest rates in February to support slow growth. Also said that the upcoming budget stressed the need to promote employment generation through targeted interventions for labour-intensive sectors. According to PTI news, CII President Sanjeev Puri said this on Wednesday. Puri is also the Chairman and Managing Director of ITC.

Hope to advance much needed labor reforms

According to the news, the CII chairman flagged sticky food inflation, highlighted the need to build agricultural resilience and decouple it from interest rates under the inflation targeting framework, arguing that it is due to climate change and is actually driven by monetary policy. Is not affected by. Finance Minister Nirmala Sitharaman is going to present the budget in Parliament on 1 February. The Confederation of Indian Industry (CII) chief said he is hopeful that the much-needed labor reforms will be taken forward by the government. This will benefit the economy and create more jobs.

Consumption should also increase

CII Chairman said that public expenditure is increasing and consumption should also pick up, adding that CII expects interest rates to be cut by the Reserve Bank of India (RBI). Puri also raised the issue of excess stock dumping by China globally, including in India, and asked the government to consider a quick way to impose minimum import prices and anti-dumping duty for specific sectors like steel, paperboard, chemicals and polymers. Urged.

Food inflation should be separated from interest rates, monetary policy

Puri said that in fact, we are also suggesting that in the inflation targeting framework, I think food inflation should be separated from interest rates, monetary policy. Food inflation is due to climate change and is not really affected by monetary policy. CII recommends setting up some kind of institutional arrangement to look into labor reforms in several sectors. Puri called for launching targeted interventions in labor-intensive sectors such as apparel, footwear, furniture, tourism and real estate, stressing that tourism could benefit from improved infrastructure conditions while apparel production linked incentives (PLI) ) can benefit from the 2.0 scheme.

Latest Business News

SendShareShareTweetSharePinShareSend

Related Posts

1,004% in 3 years and 22,395% in 5 years, this Multibagger stock was given, an investment of ₹ 10,000 is so much today.
Business

1,004% in 3 years and 22,395% in 5 years, this Multibagger stock was given, an investment of ₹ 10,000 is so much today.

by Aaryan Srivastav
May 11, 2025
Pakistan will use IMF loan to increase terrorist network: former top UN officer
Business

Pakistan will use IMF loan to increase terrorist network: former top UN officer

by Aaryan Srivastav
May 11, 2025
At what speed will the Indian economy grow in FY2026, CII made this fresh estimate
Business

At what speed will the Indian economy grow in FY2026, CII made this fresh estimate

by Aaryan Srivastav
May 11, 2025
AnyTV News

AnyTVNews is a prominent digital news channel in India, known for delivering the latest updates on politics, sports, entertainment, and local events. The channel’s dedicated team of journalists and reporters ensures that viewers receive accurate and timely information from every corner of country. AnyTVNews has built a reputation for its fast and reliable news service, making it a trusted source for the people of India. The channel’s programs and news bulletins are highly popular among viewers, establishing AnyTVNews as a significant player in the news landscape.

CONNECT WITH US

TRENDING TOPICS

  • Agriculture
  • Astrology
  • Automobiles
  • Business
  • DIY
  • Education
  • Election
  • Entertainment
  • Gadgets
  • Health
  • India
  • Internet
  • Lifestyle
  • Mobile
  • News
  • Opinion
  • Politics
  • Regional
  • Sports
  • Technology
  • Uncategorized
  • Viral News
  • World

READ NEWS IN

  • Hindi
  • Gujarati
  • English

FOLLOW US ON

Follow us on Google News
  • About Us
  • Advertise With Us
  • Disclaimer
  • DMCA Policy
  • Privacy Policy
  • Contact Us

© 2024 AnyTV News Network All Rights Reserved.

No Result
View All Result
  • Select Language
    • हिंदी
    • ગુજરાતી
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Lifestyle
  • Health
  • Automobiles
  • Education
  • Viral News
  • Agriculture
  • Astrology
  • Election
Follow us on Google News

© 2024 AnyTV News Network All Rights Reserved.