Summary:
Talking about the dismal private investment in the country, Mr Baru blamed business environment for the problem. Ex-media advisor to Prime Minister Sanjaya Baru at Federation of AP and Telangana Chambers of Commerce and Industry. We have to treat them like that,” said Mr.
Baru who spoke on broad contours of economy and where it is headed. Once it is done, investment cycle will turn upwards,” said Mr.
Sanjaya Baru prescribing a clutch of measures including reducing lending rate by 100 basis points to boost purchasing and investments. Implementing GST has been a problem but the government is making the necessary corrections which is a good sign,” said Mr.
Baru about the recent tweaks in GST rates..