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J Mehra: We are paying the price for panic
If the state of an economy is a true barometer of the health of economic governance in a country then the captains of ship India seem to have lost control on the rudder. The unfortunate paradox of the current situation is that with each attempt to tide over the choppy waters of inflation, the panicky captains of the Indian economy are pushing the ship further into a tailspin. In past 15 months, the