Nothing in Budget on reducing interest rate: Subramanian Swamy

Updated:1 month, 3 weeks ago IST

New Delhi, Feb 02 (ANI): Bharatiya Janata Party (BJP) leader Subramanian Swamy speaking on the unemployment data and the Interim Budget, said, “The interest rate because of Mr. Raghuram Rajan has been too high, and so medium and small industries have all collapsed. This has led to increased unemployment. I am not surprised if they say that unemployment is at the highest. To rectify it, you encourage these medium and small industries by giving them cheap capital. So have to reduce interest rate. There is nothing in the Budget on reducing the interest rate.”

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