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This is the toughest time for the newly appointed RBI governer Raghuram Rajan.From past few days there is a drastic fall in the stock market and Current account deficient has raised to 5.5% of GDP in the country.Now a rupee is equals to nearly 62 rupees.This effects both imports and exports.According to the sources the growth rate in our country has been fallen to 5%.This rate is equal to the India's growth rate before ten years.According to the analysts it is said that, India is going to face low wages and high costs.
