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.