Interview

Growth Woes & RBI Folly

Shankar Sharma, VC & Joint MD, First Global believes that the Indian growth story hasn’t gone away forever…

Do you feel that the India growth story has gone down the drain? Or is it just a cycle that we are going through - high inflation leading to high interest rates….?
It will eventually all come around. The ‘India growth story’ has not gone away forever, but it has hit a bump on the road. We are already talking of less than 7 per cent GDP growth this year. The problem is that when you break the momentum of growth, it is hard to recreate it.


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