India's 6-week long national election leaves cenbank with liquidity dilemma
Mon, May 6, 2024 6:12 PM

India's 6-week long national election leaves cenbank with liquidity dilemma

A Flip by Riya Sharma
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India's central bank is stepping in to ease banking system liquidity conditions as a national election which stretches over six weeks is hurting government spending despite strong tax collections. Voting in India's national elections began on April 19 and will conclude on June 1, with counting on June 4. Typically, government spending slows during polls.

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