Rajan believes that it is too early to be complacent about inflation. For him, it is too risky to cut rates now. The reality is that Rajan isn’t likely to get a more benign scenario for a rate cut
Ram Madhav is a member of the National Executive of RSS and a founding member of the governing council of India Foundation. He is the author of, among other titles, Partitioned Freedom and The Hindutva Paradigm