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Quote of the Day (14-02-2014)

February 14, 2014 by AmbitionIAS Leave a Comment

“We have to work to ensure macroeconomic stability, which means strengthening growth, especially through investment, maintaining a moderate Current Account Deficit, achieving a fiscal deficit consistent with govt’s fiscal road-map, & reducing inflation. We need to continue on path of fiscal consolidation constantly improving sustainability & quality of fiscal adjustment. It is important that we spend money on needed public investment, even while reducing misdirected subsidies & entitlements.”    -RBI Governor Raghuram Rajan

Filed Under: Quotes

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