Sanjeev Sanyal pitches for more rate cuts from RBI to boost growth
Principal Economic Adviser Sanjeev Sanyal on Tuesday indirectly pitched for further rate cuts from RBI to support the growth where he said there is far more space on the monetary side than the fiscal front for lifting economic growth.
Sanjeev Sanyal said there is high cost of borrowing in Indian economy and with low inflation it is also not tenable. Image source: IANS