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Another area of concern is the friction between the Centre and the RBI. The centre demands that the RBI support the debt market with softening interest rate as a backdrop of shrinking global growth, bringing down the inflows. When the international demand is shrinking, the domestic demand has to be boosted up, but the successive RBI governors maintained a relentless focus on checking inflation which has to be worked out at the interest of the nation and the people at large.
Madam, finally, will these populist measures bring in votes for NDA is a moot question. Given the past experience, the answer is nay. The answer to Congress manifesto is also nay. The people of this country are prudent enough to weigh a party more on its records than on its promises.