We Mean Business: Are high interest rates hurting growth

Yet another indication that slowdown is worsening, the industrial output data for June has shown a contraction adding to growing number of worries of policymakers. On We Mean Business, Shweta Rajpal Kohli, Adi Godrej, Chairman, Godrej Group & President, CII, TV Mohandas Pai, Chairman, Manipal Global Education Services Pvt Ltd, Nalin Kohli, National Executive Member, BJP, Sajjid Chinoy, India Economist, JP Morgan, Mukesh Agarwal, President, CRISIL Research, discuss whether high interest rates are hurting the growth of the Indian economy and what needs to be done to revive the Indian economy.