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ET Markets

Investors believe govt clueless on how to tackle slowdown: Jamal Mecklai

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Jamal Mecklai, Founder & CEO of Mecklai Financial, says sovereign bond issue is an idea the government must not shelve. He says while money continues to flow into India, there is no real demand for dollar in the Indian market. In an interview with Saloni Goel of on the sidelines of the ETMarkets Global Summit, 2019, he said low investments are not on account of cost of money but rather due to worries over weak growth. Excerpts:-

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