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Time to cut interest rate to spur GDP growth

01-Dec-2024 by Charan Singh

Expressing his disappointment at the second-quarter estimates of 5.4 per cent GDP growth, Charan Singh, Chief Executive Officer, EGROW Foundation, has said that corrective measures should be taken faster economic growth and interest rates should be brought down.

He said India has the potential to grow much higher than 5.4 per cent given the demographic profile of the country.

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