Aboutme.SubinEconomics-Indian Reserve Bank Governor is Waste Of Time

Aboutme.SubinEconomics-Indian Reserve Bank Governor Is Utter Waste of Time.                                

This February everyone is expecting a rate cut to bring sectors like real estate, minerals and even housing to get back growth. This time he wasted time that the inflation has not reached 4%. Then he added that international food prices,crude and other factors are against to rate cut. But i want to ask 1 question, If Federal Reserve increased the interest rate, how will Indian RBI Governor cut the rate. If he does, whole Foreign investments will be flying off. He missed the Golden Chance this time just by cutting an Bank Rate by .25 points, But alas he was giving us the statitics. Actually Dr. Rajan was the good RBI Governor India had????      

Aboutme.SubinEconomics- Indian Reserve Bank Governor is Utter Waste of Time.

 Increase growth, investment, create more employment and increase export over imports. This is the first time inflation has been controlled. Apart from that, economy is struggling with CASH CRUNCH. Monetary Policy must be to reduce Bank Rate and create more money in the economy. As budget is propelled to create subsidies to housing sector and more supply of money pumped in the economy, automatically marginal propensity to consume imcreases. Demand in a sector increases means now we will be having shortages in supply of money at cheap rate. India can grow above 10% and its possible only if we have economists from India not from Foreign Universities. Giving less interest loans through NABARD and this will spiral growth in primary sector. When the produce can be collected automatically prices of essential commodities decreases, which in turn decrease inflation. USA & Europe provide 40% subsidies to farmers, but they never will allow Developing countries to do. MUST HAVE GUTS TO DO.    

 Aboutme.SubinEconomics-Indian Reserve Bank Governor is Utter Waste of Time.  

Indian Industries are facing more problems due to demonetization. For the last 1 year, they were suffering for lack of cheap money. If RBI Governor is not providing this, then what is the use of Patel Sa'ab in that seat. Indian industries want to be competitive with all other countries. So a cheap money goes in this sector means more savings which will turn to investment. Budget investment in infra, housing, etc will propel more growth. This will make our industries competitive and show India can compete with other countries. Government planning to give subsidies for export promotion, banks can give them cheap money, then export will increase. Time has gone and you missed the golden chance. Crude prices will increase, USA will increase interest rate, more things can happen, but we make decision looking at Mother India only.....

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