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Former RBI Governor Bimal Jalan

Former Reserve Bank of India Governor Bimal Jalan criticised the Food Security Bill, saying the programme is ill-timed and will further aggravate the economic situation.

As the rupee's record fall against the US dollar continues to hog the limelight, it has also lost ground and breached key levels against a host of other currencies.
In a research report, the financial services firm said India is among those countries with "external vulnerabilities and questionable inflation targeting frameworks".