PMO’s directive to Ministry of Finance is clear: Demand must be unlocked even if radical reforms have to be undertaken!

The Prime Minister’s Office has reportedly issued a clear directive to prioritise measures that revive and unlock demand across the Indian economy. This push signals the government’s willingness to consider even radical reforms to stimulate consumption and investment. The recent RBI rate cut aligns with this broader objective, as lower interest rates are expected to ease borrowing costs for households and businesses, thereby encouraging spending and credit growth. Together, these fiscal and monetary policy moves reflect a coordinated effort to accelerate economic momentum, revive private sector confidence, and counter persistent concerns about sluggish demand and uneven post-pandemic recovery.