Jan 26, 2018 20:05:21 (IST)
Raghuram Rajan on the issue of oil prices affecting growth
"When it came down, since we import oil, it showed up as an addition to GDP. Now when it is going up, it will show up as a subtraction, because our imports will go up and that certainly is source for concern going forward because that hasn't yet registered in the GDP data."
"When it came down, since we import oil, it showed up as an addition to GDP. Now when it is going up, it will show up as a subtraction, because our imports will go up and that certainly is source for concern going forward because that hasn't yet registered in the GDP data."