Lowering cost of capital important for growth: Sanjeev Sanyal, Economic adviser
  • WebDesk BTVI
  • Jul 04 2019

Sanjeev Sanyal, Principal Economic Adviser, says Prime Minister Narendra Modi has set a growth target of $5 trillion b 2025 and adds that economy needs to grow at 8% which is a stiff target. He says growth model is usually driven by high rate of investment and lowering cost of capital is important to achieve growth. He adds that legal system is also an important aspect to focus on as over 35 million cases are stuck in the system.