Business Daily from THE HINDU group of publications
Tuesday, Sep 02, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Tuesday, Sep 02, 2008 ePaper | Mobile/PDA Version | Audio |
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Opinion
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Letters Inflation worries The editorial “All’s not well” (Business Line, August 1) is a correct assessment of the status of the development situation in the country now. Though there is a marginal fall in inflation it is too early to assume the trend will continue and it will decline further. There is no basis for optimism regarding a substantial rise in the GDP. The solution for a boost lies in a sustained effort for the growth of the industrial sector by adjusting the interest rates to encourage credit offtake. Also, there should be an effort to contain the price rise in all commodities. Since the inflationary trend is likely to continue up to March 2009, there should be conscious efforts to check the soaring prices. T. R. Anandan e-mail More Stories on : Letters | Economy
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