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Stubborn inflation signals administrative paralysis: Jalan

In an interview with CNBC-TV18, former Reserve Bank of India (RBI) Bimal Jalan said that it's administrative inaction and not lack of policy reforms. "It is a kind of systemic failure wherein we have 100 programs for poor, but we still rank highest is poverty line," he added.

first published: Jul 20, 2011 11:00 pm

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