RBI's steps will boost investment, says NITI Aayog Vice Chairman

Vice Chairman of NITI Aayog, Doctor Rajiv Kumar, explained the meaning of the steps taken by Reserve Bank of India (RBI) ina layman language. He told how RBI's steps would boost investment in the market and hence would help revive the economy. "The wheel of investment which is stuck at a point, RBI is trying to move it via the steps of cutting down reverse repo rate, providing loans etc," he added