Economy likely to grow by 5.5-6% in 2012-13: Rajan

Dec 15 2012, 17:19 IST
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'It is too early to say confidently that the economy has turned the corner...', says Chief Economic Advisor Raghuram Rajan. 'It is too early to say confidently that the economy has turned the corner...', says Chief Economic Advisor Raghuram Rajan.
Summary'It is too early to say confidently that the economy has turned the corner...'

see the process of gold import, if people are holding it in gold bars, then we have to see is if we can make the financial instruments more attractive".

The import of gold had declined to 398 tonnes in April- October of the current fiscal, from 589 tonnes in the corresponding period last year. In value terms, it has declined from Rs 1.40 lakh crore to Rs 1.15 lakh crore.

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