Terming RBI's policy as harsh and disappointing, Indian Industry today asked the Central bank to cut interest rates before January 29 policy review to boost economic growth.Industry body CII said, with the government having announced a clear roadmap for fiscal consolidation and non-food inflation demonstrating a secular decline, conditions are conducive for RBI to have intervened with a repo and CRR reduction.FICCI said, inflation numbers should provide the Central bank comfort to begin to consider a rate cut early in the next year. Ficci President Naina Lal Kidwai said, Lower interest rates would be oxygen to the sentiment which is beginning to turn positive.