inflationthoughfaile

January 28, 2018 | |Post a Comment

inflation?thoughfailed to find a mention even once in Manmohan Singhs speech Contrast this with the Reserve Bank of Indias mid-quarter policy review statementwhich was peppered with inflation at 23 different placesclearly accentuating the stark difference in the concern that the RBI and government have shown on the growth versus inflation dilemma The governments obsession with growth is palpableconsidering that it has been castigated from all corners for policy inactioncorruption and living beyond its meansall of which have brought business sentiment and growth crashing to the ground But inflation clearly has been a bigger problem The WPI inflation in the five years to 2012 has averaged around 7 per cent In factfrom November-2009inflation averaged at 88 per centnearly four percentage points higher than the RBIs targeted inflation ceiling of around 5 per cent The RBIclearlyhas enough grounds to stay focused on inflationeven at the risk of growth being compromiseddespite the growing clamour for a rate cut from the government and the industry This comes from the central banks firm belief that inflation is a bigger worry than economic growth and that the onus for restoring the growth momentum should be with the governmentwhich has to rein in fiscal profligacy and take steps to ease bottlenecks in key sectors such as infrastructure and agriculture The move to open up FDI in retail and partially plug the fuel subsidy leakages are steps in the right directionbut simply not enough At a time when Mamata Banerjee has decided to pull the rug and announce a withdrawal of supportthere are question marks galore on the fate of the UPAs renewed reforms drive But undeniablyfor the central bankthe continuing worry remains inflation Alreadyits two-and-a-half years since the RBI has been working at blunting runaway inflationhaving started way back in March 2010 when it hiked the repo in staccato steps from 45 per cent to 875 per cent Even as inflation has failed to respondGDP growth dropped steadily from 9 per cent to 53 per cent No wonder then that the RBI has stuck to its guns now and has refused to budge on the demand for a cut in policy ratesthe governments new-found enthusiasm for reforms notwithstanding [email protected] For all the latest Opinion News download Indian Express App More Related NewsBy: Express Web Desk | New Delhi | Published: December 23 2016 11:50 am Ok Jaanu: Shraddha Kapoor Aditya Roy Kapur new song Enna Song is new ballad of Bollywood Related News Ok Jaanu’s album is for sure a good end to 2016 After seducing us with The Humma Song and sending us on a happy trip with the title track Shraddha Kapoor and Aditya Roy Kapur give us a romantic number sung by Arijit Singh The title of the song Enna Sona might puzzle you and make you think ‘no man yet again a remake’ but the moment you start listening to it you get a pleasant surprise Dangal Movie Review The song starts with Aditya and Shraddha clicking a selfie to capture the moment after their first fight Slowly we are introduced to the romantic moments they have shared with each other which looks extremely realistic and for sure sets high relationship goals for all jaanus out there While the feeling of love sinks in us through Arijit’s voice the visuals have the same effect on the audience And just like their previous film Aashiqui 2 rain plays a huge part in their romance in this film too Listen to Ok Jaanu’s new song Enna Sona? will Ok Jaanu offer the same magic? Lets not look at the US for character certificates, However Mehta said, Narwal said, The SP said no passenger had come forward to claim the chemical substance yet. On Sunday, on Wednesday, Image courtesy: IBNLive In August 2008.

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So the director has decided to push the release date to September.



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