dharma boy, inflation is a double-edged sword, controlling it will lead to lower growth and lower growth means less jobs and more number of poor people. Similarly just looking at growth is also bad. There has to be a mix and the reaction should be appropriate. Do not forget that the crude price increase, commodity increase and huge number of poor people are all leading to inflation. It will take time. People like MMS, Chidambaram, Montek Singh, Y V Reddy are all experts. They know what they are doing.
