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Sluggish Economy needs Revision

In reference to the Edit, 'If It Looks Like a Duck... ' by Omkar Goswami ( Aug 8 ),the government has to take measures to turnaround the stagnating economy. These measures should include the reduction of cash reserve ratios from 4% to 3.5% and statutory liquidity ratios from 18.75% to 17.5%. Also, provision of working capital to businesses cannot be improved if the massive overhang of Non-performing loan Assets is still prevalent. Pragmatic policies from the RBI and the Government have to be earmarked if the economy wants to be revived. 

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