Home Economy RBI Governor Sanjay Malhotra lauds ‘excellent’ budget, says Rs 1 lakh crore tax relief will not impact inflation
RBI Governor Sanjay Malhotra lauds ‘excellent’ budget, says Rs 1 lakh crore tax relief will not impact inflation
Newly appointed Reserve Bank Governor Sanjay Malhotra praised the FY26 Union Budget for fostering economic growth and controlling inflation. He stated that the tax relief for middle class consumption won't significantly impact inflation and highlighted the government's success in reducing the fiscal deficit.
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