In yet
another milestone, Deepak Mohanty, Executive Director, Reserve Bank of India,
has been presented the Late Dr. Ramchandra Parnerkar Outstanding Economist
Award for 2012. The Poornawad Charitable Trust and its Life Management
Institute conferred the award upon him at a function in Mumbai. Speaking
at the function on the ' Indian Inflation Puzzle', Mr Mohanty tried to unravel
the mystery of high inflation experienced by India recently. He pointed out
that India was a moderate inflation country, considering that many countries,
both developed and developing, have experienced very high inflation in their
modern development history.........
Read - FPJ
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