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We find in India that there is an oft repeated demand for reducing interest rates even in the backdrop of ever increasing headline inflation and consumer price index to push credit for manufacturing. Has a similar study been made in respect of India and Asia? There is no dearth for domestic demand if inflation could be contained. Are export markets in the shrinking scenario likely to provide the reach for Indian manufacturers? The Finance Minister is not tired of singing the slogan joining the corporate sector to push growth by reducing policy rates by the RBI, the gatekeeper of the monetary policy.