Management

Stimulus packages will have to be withdrawn slowly: Rangarajan

The Prime Minister’s economic panel today said the government and the RBI will have to slowly withdraw the stimulus packages given during the slowdown once the economy begins to show surer signs of recovery. "There should, however, not be a premature withdrawal and the RBI has to guard against re-emergence of inflation," Chairman of the Prime Minister’s Economic Advisory Council C Rangarajan said today in his address to a two-day seminar on "International Financial Crisis and Its Impact on India".

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