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Former RBI governor favours monetary tightening
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Former RBI governor favours monetary tightening
8:49
Published On: May 06, 2011
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Former RBI governor and chairman of Prime Minister's Economic Advisory Council (PMEAC) C Rangarajan says monetary tightening is necessary to tame inflation even if it means bringing down growth from 9 per cent to 8-8.5 per cent.
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