.....“Inflation is a key reason for the high interest rate. Credit flow is muted as investments are not happening. While interest rate will fall as inflation comes down, what is key is speeding up investments in infrastructure sectors like power and road. The supply side bottleneck needs to be addressed, like fuel linkages in the power sector. Road projects also need speedy environmental clearances. If infrastructure investment is boosted, it will also have a favourable impact on sectors like steel and cement,”.....
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