My Comment on an article "Five economic issues that worry RBI governor Raghuram Rajan" published in the Economic Times dated 28/01/2014 at 1 pm.
"CRR should have been increased to curtail spending and inflation.
Consumers should prudently use their funds in spending on unnecessary purchases which can be postponed for a later stage. They should try to invest instead.
Wholesale inflation is also related to CPI and production and supply factors. Production of goods needs and supply needs improvement to meet demands."
"CRR should have been increased to curtail spending and inflation.
Consumers should prudently use their funds in spending on unnecessary purchases which can be postponed for a later stage. They should try to invest instead.
Wholesale inflation is also related to CPI and production and supply factors. Production of goods needs and supply needs improvement to meet demands."
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