The Reserve Bank of India’s slower interest rate increase of 50 basis points compared with the US Federal Reserve’s 75 basis points was guided by the inflation target and actual inflation as well as the need to nurture the economic recovery. A basis point is 0.01 percentage point.
Export Promotion Mission sets unified path to strengthen India’s export competitiveness
India took a major step to strengthen its export ecosystem with the launch of the Export Promotion Mission (EPM), a unified framework approved in the