India’s Q3 GDP growth slowing further to 4.4% is something policymakers should seriously take note of. RBI’s monetary policy has placed inflation-management at the fore, but this needs a rethink given the poor growth numbers. With the bulk of inflation being imported, high interest rates will only further depress growth.
India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.
Sustaining this needs support from wonderful readers like you.
Whether you live in India or overseas, you can take a paid subscription by clicking here.
