September 29, 2015

Rate Cuts by Central banks

The world seem to be obsessed with central bank meetings over rate decisions. Ofcourse rate cuts/increases by central banks would impact economic activity and aid lot many industries and companies to grow. But the real growth trigger lies in many other aspects such as - skills development, training of workforce to enhance productivity, transparent taxation policies, less red tape, faster processing of business licenses, safety at workplace and in society, equal opportunities for men and women to grow...there are many more