Continuining with what Ankur posted, i thought it will be more relevant to see the overall monetary and fiscal position. So i tried to delve in the issue and tried to find out what needs to be done on both the front. Loose fiscal policies are hurting the fiscal position while a tighter monetary policy might risk growth. Last week, finance secretary came out with a statement that too much of stimulus is injurious to health. This indicates the view from some quarters that it is time to withdraw the stimulus. However i feel that the withdrawal of the stimulus should be gradual and in a phased manner, in order to ensure sustained economic recovery.
