Policy paralysis, serial rate hikes sparked investment famine: Arvind Panagariya

Blaming the investment drought in the country on the policy paralysis in government, Arvind Panagariya, professor of economics at Columbia University, said the 13 consecutive interest rate hikes by the Reserve Bank of India (RBI) had also damaged the investment sentiment. In a Walk the Talk interview with Express Group Editor-in-Chief Shekhar Gupta, Panagariya observed...

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