As India's gross domestic product (GDP) slowed down to 7.7% in the first quarter of fiscal year 2012, B Muthuraman, president of CII and vice chairman at Tata Steel says apart from the obvious reasons of staggering inflation and the rate hike cycle, lack of government reforms are a major reason for the growth downhill.
first published: Aug 30, 2011 01:11 pm
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