Indian economist calls for lower interest rates to boost GDP growth amid economic challenges.

Indian economist Charan Singh calls for lowering interest rates to boost India's GDP growth, which was 5.4% in the latest quarter. Singh, CEO of the EGROW Foundation, suggests revising the interest rate policy and interpreting the inflation target more flexibly between 2-6%, rather than focusing on 4%. He emphasizes encouraging private sector investment to enhance economic growth.

November 30, 2024
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