Piyush Goyal takes on RBI for lowering economic growth

Goyal said he was glad that now the RBI was recognising growth as much as inflation

Railways and coal minister Piyush Goyal asked the Reserve Bank of India on Friday to introspect its role in pulling down the country’s projected economic growth for 2019-20 to 7.2 per cent from the earlier forecast of 7.4 per cent.
 
The economy rose 7 per cent in 2018-19, the lowest growth in the five-year term of the Narendra Modi-led government.
 
Goyal, who held the post of finance minister when Arun Jaitley was undergoing treatment, was speaking at the Confederation of Indian Industry’s annual session. “All stakeholders, including the RBI, should introspect on their respective roles (on low economic