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Time to cut interest rate to spur GDP growth, says economist Charan Singh

By Economic Times - 14 hours ago
Charan Singh, CEO of EGROW Foundation, expressed disappointment in India's second-quarter GDP growth of 5.4%, urging faster corrective measures and interest rate reductions. He emphasized India's higher growth potential, suggested the inflation target be between 2-6%, and encouraged private sector involvement to boost economic growth, highlighting the government's role as a visionary for the next 25 years.

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