Time for a Price Cut?

Verma, Virendra
December 2008
Business Today;12/14/2008, Vol. 17 Issue 25, p15
The article reports on the significance of the reduction of production as a way of dealing with India's economic recession in 2008. It notes that while the country's finance minister wants industries across segments to reduce prices of goods to enhance demand, most industries considered production cut as the best way for recession. It predicts that cutting prices may prevent a further demand slump.


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