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RBI Monetary Policy disappoints TEA
19 Dec '12
1 min read
The President of Tirupur Exporters Association (TEA) has expressed disappointment with the RBI’s latest monetary policy review.
Dr. A.Sakthivel, President, TEA said he was disappointed with the RBI’s Mid Quarter Monetary Policy Review as there was no announcement on interest rate cut, which is a need of the hour and a major requirement for Tirupur knitwear exporting units to withstand the pricing pressures coming from all corners, and sustain in the global market.
Dr. A.Sakthivel added that the requisition for a Separate Chapter for Exports has also not been addressed in the review.
Tirupur Exporters Association
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