The best way ahead (Livemint)


For much too long, the discussion in Indian policy circles has revolved around the need to cut interest rates as a solution to addressing our liquidity problem. But NITI Aayog vice-chairman Rajiv Kumar’s recent comments suggest reducing the cost of money may not solve the problem. He believes a trust deficit afflicts the financial system,…


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Updated: August 23, 2019 — 4:56 PM