Sunday 8 June 2014

A Comment on reducing business costs for boosting growth

My Comment on an article "Arun Jaitley underlines need to lower cost of business to up growth" published in the Economic Times dated 07/06/2014 at 10:10 pm.


"Cutting costs is a good thing if feasible. But it should not result in retrenchments. 

There is already great unemployment. So it should not be increased. 

Think over other costs of business which can be cut short by simplifying the processes. Like unnecessary engagement of idle office space with high costs of rentals only to highlight the show of offices."

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