RBI’s Subbarao discusses how to promote growth in India


Duvvuri Subbarao, governor of the Reserve Bank of India, on Friday outlined some of the measures that could promote renewed growth in India.

At the Centre for Research in Rural & Industrial Development in Chandigarh, India, Subbarao said: "If the east Asians are the tigers, and China the dragon, India is commonly the elephant – a strong animal with enormous potential but given to a lumbering pace. For a world that once believed that an elephant does not have any animal spirit, our march up the

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