“Govt Needs To Deploy A Long-Term Solution”
  • Gaurav Sarkar
  • Aug 06 2013

August 6: YES Bank Chief Economist Shubhada Rao says elections would put some money into people’s hands, but that would trend towards consumption instead of investments. “Just reviving consumption without encouraging investment will be counter-productive,” she says, adding that the government needs to continue deploying capital for development.