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RE:complete slowdown
by V S on Feb 12, 2008 01:03 PM

yes even a part time mba can suggest that cutting interest rates and increasing growth will reduce poverty.

However , our govt is more interested in keeping inflation low and also keeping growth low so as to stay in power.

It seems short term thinking and sarkari attitude is still prevalent in many govt. run institutions.

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Fed cuts rates: Why India's different