Piyush Goyal On RBI Rate Cut Buzz: Interest Rates Have No Impact On Food Inflation

At the India Today-Business Today Budget Round Table 2025, Piyush Goyal, Minister for Commerce and Industry, addressed key concerns on RBI's monetary policy and the possibility of rate cuts. In conversation with Rahul Kanwal, Executive Director of Business Today, Goyal emphasized that monetary and fiscal policies must work in tandem to drive growth. He reiterated his long-standing view that interest rates have no impact on food inflation, which is driven by supply-side constraints. Goyal stressed that core inflation should be the real focus for monetary policymakers to ensure that economic growth is not compromised.
#businesstoday #markettoday #marketnews #btpostbudgetroundtable2025 #piyushgoyal #rbi #monetarypolicy #interestrates #inflation #economicgrowth #fiscalpolicy #ministerofcommerceandindustry #incometax #ratecut
-----------------------
Thank You for watching! Do not forget to Like | Comment | Share
-----------------------
About the channel
Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others.
Follow us at:
Website: www.businessto...
WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I
Facebook: / businesstoday
twitter: / business_today
Instagram: / business_today
-----------------------
Thank You for watching! Do not forget to Like | Comment | Share
-----------------------
About the channel
Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others.
Follow us at:
Website: www.businessto...
WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I
Facebook: / businesstoday
twitter: / business_today
Instagram: / business_today

[@rajx7120]

RBI should have already cut rates. Because rupee will depreciate anyway. Let rupee fall, reach it's conclusion at the earliest. Growth is more important. The more you delay, less effective it will be.

[@jayaramanpr8159]

I challenge you Mr Piyush Goyal. Of course you are wrong Mr.Piyush Goyal and you are not an economist to deliver this type of statement . RBI has a great role in controlling food prices and previous RBI Governer Mr.Shsktikantadas was doing his job correctly which was not liked by you and you removed him. What retired will do who lives on purely on interest income from Banks ? Do you want them on roads after struggling for 40 years of service. Of course as a Minister you get all facilities including pension Mr Piyush Goyal. I do not belong to any political party in India. Central govt. should not interfere in RBI matters and allow them function independently without fear from you. You are threatening RBI to reduce interest rates and appointed your man for this post to do the job for you Mr.Piyish Goyal.

[@User-mncbjlfjrebxkl]

The central minister Piyush Goyal will definitely read your comment on youtube and take the time to consider your concern😂

[@sreenathgopinathan4002]

Already INR value has depreciated so much against the USD that it doesn’t really matter whether RBI cuts the interest rates. If they don’t cut the rates, Government of India may get another bumper payout of 2 lakh crores this year. This RBI payout is nothing but inflation tax.

[@rmsabariganesh]

Food inflation RBI don't have any control

[@subhamkedia]

I totally agree, they don't care about inflation and want rbi to cut rates.

[@Ashish-gj3vx]

Not an economist but he is a CA