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Podcast: Moneylife News Bites
Episode: RBI Rate Cut Cannot Hide Structural Weaknesses
Description: In this incisive video, Debashis Basu breaks down why the recent RBI rate cut won’t fix what truly ails India’s economy. From sluggish consumption and falling exports to weak private investment and overstretched government spending, Basu argues that India is facing a structural crisis, not a cyclical dip.Despite headline GDP growth of 6.5%, job creation is stalled, rural wages are stagnant, and consumption is faltering. Watch to understand why India’s economic strategy needs a complete rethink — and why monetary policy alone can’t rescue a faltering economy. Hosted on Acast. See acast.com...