Recession in US unlikely, says C Rangarajan

The first-ever downgrade of the US government's credit rating reflects the lack of credibility in the US debt reduction plan, says C Rangarajan. "

August 08, 2011 / 15:35 IST
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The first-ever downgrade of the US government's credit rating reflects the lack of credibility in the US debt reduction plan, said Chakravarthy Rangarajan, chairman of Prime Minister's Economic Advisory Council. "The US has to put in place a more credible reduction plan,

first published: Aug 8, 2011 01:50 pm

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