Growth Woes & RBI Folly

Do you feel that the India growth story has gone down the drain? Or is it just a cycle that we are going through - high inflation leading to high interest rates….?
It will eventually all come around. The ‘India growth story’ has not gone away forever, but it has hit a bump on the road. We are already talking of less than 7 per cent GDP growth this year. The problem is that when you break the momentum of growth, it is hard to recreate it.