Wednesday, October 30, 2013

The RBI tweaks it right - A.Seshan

The option of living with inflation is no longer seen as an option
............The Reserve Bank of India should be congratulated for coming out with a realistic policy review supported by a document that leaves no illusion in the minds of the readers as to the state of the economy. It has brought down the estimate of the growth rate of the economy to 5.0 per cent and raised the projected consumer inflation to 9 per cent..................

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