India Seeing Policy Stasis, Not Policy Paralysis: Bimal Jalan
  • Elizabeth George
  • Mar 03 2014

March 3: Former RBI Governor Bimal Jalan says India’s fundamentals and policy making are stronger than ever but the government needs to decentralize its power and have 'consistent' policies, he says. However, Jalan disagrees with RBI’s approach on inflation. Squeezing investment and hiking rates won’t help unless we find the source of inflation first, he tells Vivek Law on Political Capital.