New Delhi, Mar 27 (UNI) BJP president J P Nadda on Friday appreciated comprehensive announcements made by RBI Governor Shaktikanta Das to counter the economic slowdown caused by the Covid-19 pandemic.
'Our Government is taking all necessary actions to help the citizens in this difficult time. Yesterday, Gov announced relief package. Today, in another important step RBI has taken many important decisions to give support and stability to Indian economy,' Mr Nadda said in his tweet.
He said the RBI has slashed down Repo rate, Reverse Repo rate and Cash Reverse ratio to give strength to economy. 'To help the middle class RBI has given moratorium of 3 months and also waving off interest. I welcome these progressive and timely measures,' he said in his missive.