Little Space For Any Fiscal Expansion By Government: Shaktikanta Das

RBI Governor Shaktikanta Das on Thursday said that there is little space for any fiscal expansion by government. Mr Das was speaking at the Bloomberg India Economic Forum in Mumbai. He said that international environment is clouded with challenging conditions. "Global growth is slowing down and central banks across world are bracing up to counter it by easing monetary policy; but there is no recession as yet," he added.

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