‘Government reaching limit on stimulus’
“After the initial policy burst in the immediate wake of crisis, stimulus both on the fiscal side and on the monetary side, we ourselves are reaching the limits of stimulus and we must contemplate ways of generating sustainable growth again," he said.
The government had doled out large fiscal stimulus in the aftermath of the 2008 meltdown to arrest theeconomic downturn. "We need to create a better environment for growth. I think growth will follow," Rajan said.
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