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This Article is From Jul 17, 2012

Growth below 7% acceptable; must focus on productivity: Y.V. Reddy

Growth below 7% acceptable; must focus on productivity: Y.V. Reddy
Anand Shimpi (Image courtesy: theverge.com)

High inflation and high interest rates could mean that growth may remain below 7 per cent for the second year running. But Y.V. 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 the productivity in the economy.

Below is the transcript. Watch the full interview here.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

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