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Problem is Rahul-flation: Why RBI is failing with rate hikes

Updated : Sep 19, 2011

By : R Jagannathan

Category : Business

Problem is Rahul-flation: Why RBI is failing with rate hikes

The battle over the RBI's rate hikes is misplaced. It is the populist spending schemes of the UPA - intended to secure Rahul Gandhi's future - that are driving inflation, not fuel or food prices. #food #Sonia Gandhi #BigStory #UPA #Rahul Gandhi #Kaushik Basu #Stagflation #Economic theories