JD Lakshmi Narayana on present lockdown period- Interview
18-04-2020 Sat 10:46
Former CBI joint director VV Lakshminarayana said the real estate business could come into action if the assets are disposed of at a little lower rate. The liquidity of money can be evolved who have the money to purchase. It is one of the ways by which payment will be circulated, and the economy has the chance to revive soon. This process is better than taking the loan from the bank, the former IPS officer said. He has reminded the suggestion of an HDFC officer to all the state governments on the cancellation of stamp registration, loan restructuring, and other means by which the economy can be revived. While reacting to PM Modi's lockdown concept and its successful implementation all across the country, former CBI joint director has shared how India has the potential to survive of its own without depending on other countries.
Watch the full interview video.
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