Friday, March 16, 2012

All hands on deck for growth: Saugata Bhattacharya

.... The Survey’s message has been reinforced by the Reserve Bank’s monetary policy review, with the two pretty much endorsing a common view on the growth-inflation tradeoff. Maybe the Survey is just a bit more inclined on the side of growth. Inclusive growth is its leitmotif: “The govt is in a position to turn its attention more exclusively to inclusive growth…primary concern to advance the economy’s productivity and improve income distribution...during the current year, all hands have to be on growth.”……… 

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