If India wants 8% growth, private investment will have to substantially pick up, Ranade explains. But that can happen only if demand improves, which is contingent on wages increasing.
Ajit Ranade 4 min read 06 Jan 2025, 12:30 PM IST The delicate dance between the three variables of inflation, interest rates and the exchange rate is a major headache for policymakers. Summary ...
What are the pulls and pressure’s of India’s economy? Will private investments pick up? Impact of geopolitics on India? Is 7% growth enough for Viksit Bharat? All questions on India’s economy answered ...
In a recent article in Forbes, Ajit Ranade, the Chief Economist at Aditya Birla Group delineated the growth structure of Indian economy, emphasising this adage. Globally, in terms of ease of doing ...