Profit

Growth below 7% acceptable; must focus on productivity: YV Reddy

PUBLISHED ON: July 17, 2012 | Duration: 25 min, 48 sec

  
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High inflation and high interest rates could mean that growth may remain below 7 per cent for the second year running. But Dr. YV Reddy former governor of the RBI told NDTV Profit that 6-7 per cent growth does not worry him and what we need to focus on is improving productivity in the economy.
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