Rising global uncertainty may delay business investment decisions, said RBI Governor Sanjay Malhotra, calling for policies that support growth, in his statement that appeared in the minutes of the Monetary Policy Committee meeting released on Friday.
“On the investment front, the post-COVID recovery so far has been largely led by public investments, while private sector investments have been weak despite high capacity utilisation and improved corporate balance sheets. Moreover, heightened global uncertainties may put on hold investment decisions by businesses, underscoring the need for growth supportive policies,” Malhotra stated.
