Better policymaking is a need of the time: Experts
PUBLISHED ON: July 10, 2012 | Duration: 22 min, 40 sec
On NDTV Profit, Dr.Surjit Bhalla, Chairman, O[x]US Investments and Sajjid Chinoy, Asia Economics, J.P. Morgan share their views on RBI rate cut, interest rate scenario and policymaking. Sajjid Chinoy believes the RBI's call for rate cuts misses the bigger factor. "There is an overwhelming need for better policymaking," he said. Bhalla feels that the most important variable affecting the GDP growth is real interest rates.