Former RBI Deputy Governor Michael Patra urges Corporate India to increase investments to sustain the nation’s 8% growth trajectory. He highlighted that while India’s GDP surged by 7.8% in Q1 FY26, investment is crucial for continued capital accumulation. Government efforts to boost consumption through GST reforms and income tax reductions are vital in the current economic climate.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets