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: VOL 45 No. 06 February 06 - February 12, 2010
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Analysing the Raghuram Rajan Committee Report on Financial S...
(21st June 2008)
Lekha Chakraborty
 
The Raghuram Rajan Committee has articulated “GenNext” reforms for fixing the problems of the financial sector. This note questions the relevance of the macroeconomic framework of the committee and argues that moving towards price determinacy via interest rate pegging is fallacious in the Indian context.
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