Tuesday, September 4, 2012

There isn't much time left for kick-starting the economy: Chanda Kochhar

.............. don’t want to guess what the central bank would do. My theory is simpler. While lower interest rates would be an enabling factor for investments to take place and for people to buy more homes or invest more in homes and cars, that alone won’t be enough. It is important now to kick-start the economy through executive decisions to restore confidence in the investment climate. The process of decision-making has to improve for projects that have been either completed or are nearing completion...................

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