MUMBAI, India, Feb. 19 -- Reserve Bank of India issued the following press release:

Today, the Reserve Bank released the February 2025 issue of its monthly Bulletin. The Bulletin includes bi-monthly monetary policy statement (February 07, 2025), one speech, four articles and current statistics.

The four articles are: I. State of the Economy; II. Union Budget 2025-26: An Assessment; III. Quality of Public Expenditure and its Socio-economic Impact in India; and IV. Dynamics of Agriculture Supply Chain: Insights from Pan India Survey during Rabi Marketing Season.

I. State of the Economy

The global economy continues to grow at a steady but moderate pace, with divergent outlook across countries amid rapidly evolving political and technologic...