Monday, July 15, 2013

Voice of growth- lobby is only heard: Subbarao

Indore: At a function organised at Indian Institute of Management, Indore, Reserve Bank of India Governor Dr D Subbarao has said voice of the growth- lobby is only heard in the country. While addressing students and faculty of IIM- Indore on Thursday, he said: “ Poor people’s voice does not get heard and it’s only voice of growth lobby that gets heard.” During his visit to the City, the RBI Governor also visited the elite B school to attend a function. During his one- hour long speech on “ RBI making a difference in everyday life” at the IIM- I, Dr Subbarao explained the multiple roles played by the RBI in monetary policy formulation, printing and distributing currency, regulation and supervision, external sector gate keeping, foreign exchange reserve management etc.............

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