"BIG PUSH" THEORY OF MACROECONOMICS SUGGESTS THAT RBI DOES A BIGGER REPO RATE CUT IN THE JUNE 2025 MPC MEET

 "BIG PUSH" THEORY OF MACROECONOMICS SUGGESTS THAT RBI DOES A BIGGER REPO RATE CUT IN THE JUNE 2025 MPC MEET

Dear Readers,

After the Present Governor of RBI Mr. Sanjay Malhotra was installed by Government of India in December 2024, the RBI MPC ( Reserve Bank of India Monetary Policy Committee) had reduced the Repo Rate of RBI from the highest level 6.5% to 6% by reducing it in two tranches in February-2025 and April-2025 MPC Meets @ 0.25% of Repo Rate Cut on each of the Two Occasions.

Although in the said 2-Occasions of MPC Meet 0.5% Rate Cut was allowed ( @ 0.25% each of the two times), a smaller rate cut of 0.25% in a Bi-monthly MPC meet, over two months period, does not give the push that the Large Indian Economy needs as support.   

Indian Economy is a Large Economy, it needs "Big Push" in consistency with the "Big Push" Theory of Macroeconomics. The Big Push theory envisages that in a Macroeconomic Situation to get significant results in the Expected Direction of the Economy, a "Big Push" works. A "Small Push" may not be as effective in the Desirable Direction the Economy may be expected to move. 

Under the said considerations, it may be expected that the RBI MPC Meet that is going to take place from 4th to 6th June 2025, to be concluded with its decisions on 06th June 2025, may go for a Bigger Rate Cut at the upcoming tranche to be announced on 06th June to the extent of 0.5% cut in the Repo Rate of RBI. 

I with my views consistent with "Big Push" Theory,  agree with the views of SBI Research who have also published in the public domain expecting that RBI may go for a Jumbo Rate Cut of 0.5% in the MPC Meet of June 2025 to be concluded and announced on 06th June 2025. 
Here is the News Report Link of Public Domain that has cited the SBI Research views said above : 

Let us hope for the best in the National Interest of India, that; if RBI MPC really decides to allow a Repo Rate Cut of 0.5% in the June 2025 Meet it will help the Indian Economy a lot, putting it into the traction of growth path. Inflation worries may not be significant to take this "Big Push" decision by RBI MPC in June 2025. 

With best regards,
Dr. Nimain Charan Biswal,
Mumbai, India 



About the Author : Dr. Nimain Charan Biswal is a B.Sc.(Agri. Science and Technology), M.B.A. and Ph.D.(Management Area ) by qualifications; and he has 39+ years of work experience in Social, both industrial and Development sectors in diversified fields of Social Importance. He has been educated at Orissa University of Agriculture and Technology (OUAT)-Bhubaneswar, Institute of Rural Management Anand (IRMA) and Gujarat University (with Resource Support of IIM-Ahmedabad). He is further educated at IIM-Calcutta, XLRI-Jamshedpur, Apple Computer Industries and Spar Inc., USA. He has worked for reputed National and International Organizations in Senior/Top Management Capacities at Board level as well as Managing Director and CEO. He is a management expert covering extensive areas from management in Social, industrial sectors, management in Agriculture and Dairy, Development Management to management of public systems. He is a prominent professional of India and known Internationally as well. He is also a Political Strategist. He lives at Mumbai in India.

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