It’s time Modi government stopped blaming RBI - News Summed Up

It’s time Modi government stopped blaming RBI


Overall, the Narendra government has muddled through, producing a middling policy record and a middling growth record. But the RBI committee held firm and kept India’s policy interest rate at six percent. Overall, this government has muddled through, producing a middling policy record and a middling growth record. Now it’s clear that the RBI won’t bail it out; the best chance for lower rates may have passed. It’s time that Modi, his ministers and his advisers turned to the many reforms they’ve left pending—and stopped blaming the RBI.


Source: Mint December 07, 2017 04:52 UTC


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