Tuesday, September 24, 2013

Tackling the eventual taper - Charan Singh

.......There may be a need to sequence the difficult reforms in these difficult times of both, the domestic and the global economies. For now, the guide-post for policymakers could be the words of Rabindranath Tagore— “If they answer not to thy call, walk alone”. In this context, Raghuram Rajan’s statement with the mid-quarter review seems very resolute.

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