Lower Repo Rate, Home Loan rates and improved India-China trade deficit after 2014: FM

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''Repo rate in 2014 was 8% and now it is 6.25%. Rates were 28% higher during UPA. Home loan rates were 10% during UPA and now it is only 8.4%.

Trade deficit with China was $1.48 bn in 2004-05 and reached $36.21 bn in 2014-15, an increase of 2000% but now it is $ 73.31 billion.''

- Finance Minister Smt. Nirmala Sitharaman in Lok Sabha, 14.12.2022



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Lower Repo Rate, Home Loan rates and improved India-China trade deficit after 2014: FM.

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    ''Repo rate in 2014 was 8% and now it is 6.25%. Rates were 28% higher during UPA. Home loan rates were 10% during UPA and now it is only 8.4%.

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