The RBI’s annual dividend transfer to the Finance Ministry will do little to ease the strains on the public finances, and the central budget deficit still looks set to widen sharply this year. On a more positive note, the increasing likelihood of a bumper crop harvest during this year’s monsoon should help to boost agriculture output and anchor food inflation.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services