Mizuho Says India Monetary Policy Almost Maxed Out

The video discusses the impact of monetary policy in India, highlighting its limited effect due to high corporate debt and banking sector constraints. It emphasizes the need for structural reforms, with GST being a potential game changer. The GST is expected to be slightly disinflationary, but pre-GST sales have temporarily lowered CPI, with food prices playing a significant role.

What is the significance of monetary policy in the context of India's economic environment?

How does the current banking sector's capital constraints affect the transmission of monetary policy?

Discuss the potential structural reforms that could be more impactful than monetary policy in the current economic scenario.

In what ways could the implementation of GST impact inflation in India?

What role do food prices play in the Consumer Price Index (CPI) according to the text?