
Repo rate cut by RBI is a bold & welcome step and will revive consumption
The Reserve Bank of India’s decision to cut the repo rate by 50 basis points and reduce the Cash Reserve Ratio (CRR) by 100 basis points is a bold and welcome move that signals much-needed support to India’s economy at a crucial juncture- said Mr Praveen Khandelwal, Chandni Chowk MP & member of Parliament Standing Committee on Commerce.
Mr Khandelwal said that the frontloading of the repo rate cut reflects RBI’s proactive approach in addressing liquidity concerns and stimulating credit growth. More importantly, the CRR cut will immediately inject liquidity into the banking system, ensuring that funds reach sectors that need it the most — especially MSMEs, traders, and retail businesses who have been battling rising costs and tight credit.
He said that this move must now be complemented by commercial banks passing on the benefit quickly and fully to borrowers. I urge the Finance Ministry and RBI to ensure monitoring mechanisms are in place so that the intended relief truly reaches the last mile.
Mr Khandelwal said that this is a significant step toward reviving consumption, encouraging entrepreneurship, and restoring economic momentum — and will particularly benefit Delhi’s trade-intensive zones like Chandni Chowk and similar hubs across India.
Recent Latest News
- कैट 31 जुलाई को नई दिल्ली में करेगा मोबाइल कॉन्क्लेव का आयोजन भारत में मोबाइल टेलीफोनी के 30 वर्ष पूरे होने का विशिष्ट आयोजन जियो, एयरटेल, वोडाफोन, बीएसएनएल और मोबाइल निर्माता कंपनियों को आमंत्रण
- CAIT to host Mobile Conclave on 31st July at New Delhi Celebrating 30 Years of Mobile Telephony in India Jio, Airtel, Vodafone, BSNL & mobile manufacturers invited to participate
- भारत में मोबाइल टेलीफोनी के 30 वर्ष पूरे होने का जश्न कैट, AIMRA और ORA द्वारा 31 जुलाई को नई दिल्ली और कोलकाता में भव्य कार्यक्रम का आयोजन पहली कॉल से डिजिटल क्रांति तक — भारत की मोबाइल यात्रा का साक्षी आयोजन
- Celebrating 30 Years of Mobile Telephony in India CAIT, AIMRA & ORA to organise mega event on 31st July in New Delhi & Kolkata From the first call to a digital revolution — Tracing India’s mobile journey
- इस वर्ष 9 अगस्त को राखी और ‘भारत छोड़ो आंदोलन’ की तिथि का संगम – व्यापारियों को 17 हज़ार करोड़ के व्यापार के उम्मीद