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RE:Not a welcome step
by partha sarathy on Jul 29, 2008 12:23 PM

There is a problem by increasing the supply side, people will continue to buy more goods and services, which will again increase the inflation. THe move by RBI is temporary and will help reduce the unnecessary demand, and cut on the frivolous expenditures. THis will reduce the inflation, it is high time we thought about our own spending patterns.

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