Loop -sided Benefit: by Samita Kher

Loop -sided Benefit:
“Since 2008 Great Recession, world economy is experiencing series of events like Greece Crisis to Russia’s ruble devaluation due to fall in Oil Prices  to  BREXIT. According to IMF the advanced economies are growing  by 3% only. To stimulate the the Indian economy present Governor Urjit Patel  have implemented rate cuts in CRR, SLR,MSF and Repo rates. This rate cuts will benefit the business sector only. These days corporate raise funds from Bond markets, rate cuts will reduce the interest rates, so corporate can raise funds at low cost. Expansionary policy will pump liquidity in the market which will benefit the business sector. Will this stimulate aggregate demand when the world economy has slow down?” by Samita Kher

Good day


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