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RBI measures inadequate to spur growth: JSPL

PUBLISHED ON: September 17, 2012 | Duration: 4 min, 45 sec

  
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The RBI measures to add liquidity but not reduce rates are not enough to spur growth in core sectors like steel, according to Sushil Maroo, Director & Group CFO, JSPL. He expects the steel sector to continue facing a tough operating environment in the months ahead. He adds that inventory levels across the sector are rising due to lack of adequate demand in the economy.
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