'Hard decisions needed to boost sentiment'

….“I think hard decisions are required in terms of creating proper environment for industry to grow,” he told reporters while replying to questions. Asked if he saw a case for a rate cut by the RBI in its credit policy to be unveiled on April 17, Rangarajan said, “It’s not just a monetary policy. I don’t think adjustment on interest (rate) alone will bring about the desired results. All that we really need to do is to push up the sentiment in the economy.”……..

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