Showing posts with label RBI policy review | raghuram rajan | GDP | narendra modi | GDP | UPA government | banking system.. Show all posts
Showing posts with label RBI policy review | raghuram rajan | GDP | narendra modi | GDP | UPA government | banking system.. Show all posts

Why RBI should continue fighting inflation under new govt



Why RBI should continue fighting inflation under new govt
A fortnight ago, two big developments took place. The new BJP-led government under Prime Minister Narendra Modi took accuse at the Centre and the GDP in the fourth district (Jan-March) of 2013/14 plunged to yet one more low of 4.6 per cent.
GDP enlargement now stands at 4.7 per cent for the whole economic year 2013/14, which is a tad above  the 4.5 per cent  achieved in 2012/13. Thus this is the second year in a line that the GDP expansion has been under five per cent, which actually calls for vital exploit on the attention rates' front to urge increase.