This refers to the editorial "Walking together" (August 6). Secular inflation is one major perennial ill that has been a dampener to our economic growth. In this context, the Reserve Bank of India (RBI)'s move, in keeping the key rates unchanged despite improvement in several indicators and slight easing in inflation in the recent past, is welcome. The government appears to be doing its bit by giving clearances for some projects. However, a lot needs to be done on the subsidies front. Parties should rise above petty politics in approving policies, such as increasing foreign direct investment in the insurance sector.
V Sridhar, Kolkata
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