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Wednesday, January 12, 2011
Montek Singh Ahuliwalia Teaches Economics. Montek Singh Ahuliwalia,,of Planning Commission,says that by the high inflation the purchasing power has GONE up.
Inflation is higher as the RBI recently resorted to QE of Rs 48000 Crores.This has made the value of money LESS,to a "portion" of, what it was.prior to the same.
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