India's growth at 6.5% allows scope for policy easing

At Business Standard's BFSI Summit 2025, RBI Deputy Governor Poonam Gupta said India's strong growth outlook leaves scope for monetary policy easing while fiscal policy remains conducive for expansion

The Reserve Bank of India (RBI) Deputy Governor Poonam Gupta on Wednesday said that India is growing steadily at 6.5 per cent, with a forecast of 6.8 per cent for the year. However, she added that this is not India’s destination yet, and there remains room for monetary policy easing.

 

Gupta made these remarks at Business Standard’s BFSI Summit 2025 during a fireside chat with Business Standard Editorial Director A K Bhattacharya. She noted that economic growth is the result of multiple factors, including fiscal and monetary policies, structural reforms, entrepreneurship, the availability of key inputs, and domestic demand.