RBI Losses Growth wager. Loads 0.50% on Street

Dr Subbarao, Governer, Have now assumed the role to sterilize the Inflation and Inflation Expectations. RBI today shocked all and One. Dr Subbarao, now going to the other extreme of the spectrum, from the ' Friend of Grwoth' to the ' Killer of Inflation' and not minding Growth Sacrifice. The Action  Hammered to interest rates by 0.50% .

His excellent Press dossier that shows 

(1) All his Nightmares have become Reality. The over-heated Economy is not getting Cooled off .

(2) The Policy Indecision and Governmental Paralysis has hit the ' Supply side' matrix. He also observes that, economy is being over-heated by governmental expenditure like Raise of  Minimum Support Prices ( MSP) and Opaque Oil and Gas Pricing. 

(3) He is now confirmed that ' New Era ' Central Banking Experimentations and Financial Engineering  will ' Slap ' the conventional Economic Prudence.

Growth  Prospectus now surely on the fire.  Inflation+ High Interest rates will be double Dose de accelerators & Reverse Gears. The Clear Case of High Interest Rates and clear shot at growth. 

The RBI's Policy action appears like Wager, who has lost All Hopes and finally, succumbed to the Loss.

Its Unfortunate and immature Monetary Governance and  Indian small and Medium business are out of International  business in One Kick. The Painful Resilience of Indian Economy is now tested.