Live budget 2023 expectations updates how FM Sitharaman can help india’s middle class beat inflation

In order to curtail inflation and promote growth, the Reserve Bank of India went on a repo-rate hiking spree in the year 2022. It has hiked the policy rate by 225 basis points since May 2022 and we may expect the central bank to increase the policy rates a few times in 2023 as well,” said V Swaminathan, executive chairman, Andromeda Loans and Apnapaisa