Slow governance responsible for decline in growth: RBI Governor

Discussion in 'Economy & Infrastructure' started by Zebra, Sep 6, 2014.

  1. Zebra

    Zebra Senior Member Senior Member

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  3. Zebra

    Zebra Senior Member Senior Member

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    'ache din aane wale hai'.

     
    Last edited by a moderator: May 10, 2015
  4. p2prada

    p2prada Stars and Ambassadors Stars and Ambassadors

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

    Zebra Senior Member Senior Member

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    India Inflation Rate 2012-2014.....

    [​IMG]
     
  6. sob

    sob Moderator Moderator

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    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%.
     
  7. p2prada

    p2prada Stars and Ambassadors Stars and Ambassadors

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

    China Inflation rate (consumer prices) - Economy
     
  8. sob

    sob Moderator Moderator

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    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.
     

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