Slow governance responsible for decline in growth: RBI Governor

[Zebra]

Slow governance responsible for decline in growth: RBI Governor Raghuram Rajan - The Economic Times

By PTI | 5 Sep, 2014, 09.52PM IST

NEW DELHI: Attributing decline in economic growth to "slow governance" and faulty allocation of natural resources, RBI Governor Raghuram Rajan has said GDP will improve to 7 per cent in next three years on back of political stability.......

 

[Zebra]

'ache din aane wale hai'.

 

[p2prada]

Curbing inflation to 3% will add more to the GDP than better growth.

 

[Zebra]

India Inflation Rate 2012-2014.....

 

[sob]

Curbing inflation to 3% will add more to the GDP than better growth.

for a growing economy like India an Inflation rate of 3% will not be good. We need loose money floating in the market to boost industry.

Even RBI has stated that their comfort level is around 5%.

 

[p2prada]

for a growing economy like India an Inflation rate of 3% will not be good. We need loose money floating in the market to boost industry.

Even RBI has stated that their comfort level is around 5%.

Is that so? But China managed and maintained a very low inflation rate for a very long time.

China Inflation rate (consumer prices) - Economy

 

[sob]

Is that so? But China managed and maintained a very low inflation rate for a very long time.

China Inflation rate (consumer prices) - Economy

I would not go too much in data coming from China.

However we have a big difference, most of the investment that will be coming in India is from Private Sector which needs to access cheap funds. In China the banks have given huge loans and due to the opaque system we do not know the current situation there.