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Government and RBI: No real stand-off over macro policy*
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May 8th 2015, C.P. Chandrasekhar
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The
current stand-off is more of a government effort to
regain influence over macroeconomic management, as the
government is accountable to the people whereas the
RBI is not.
*
This
article was originally published in Economic and Political
Weekly, vol. L, no. 15, April 11, 2015 at http://www.epw.in/system/files/pdf/2015_50/15/Governm
ent_and_RBI.pdf
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