<span style="color: #222222;">Finance Minister Piyush Goyal has said that the rate cut by the RBI will give a boost to the economy by providing affordable credit to small businesses and home buyers. </span><br />'' <br />'' <span style="color: #222222;">The Reserve Bank of India has reduced the repo rate by 25 basis point from 6.5 per cent to 6.25 per cent. In a tweet, Mr Goyal said, this will further boost employment opportunities.</span><br />'' <br />'' <span style="color: #222222;">Welcoming the RBI's decision, Economic Affairs Secretary Subhash Chandra Garg said, it is a very balanced and pragmatic policy statement. </span><br />'' <br />'' <span style="color: #222222;">In a tweet, Mr Garg said, assessment of growth and inflation is quite realistic and underlines low inflation and high growth path for India for 2019-20. </span>