Marc Faber: In India, the Rate of Inflation is vastly understated. So in real terms, probably Economic Growth is rather slow

ET Now: The Indian central bank has cut rates. Can monetary easing help kick-start the economy?

 Marc Faber: Basically what the lower interest rates in India might do is to weaken the rupee, and obviously then if the rupee weakens, we might have some inflationary pressures like in other countries. In India, the rate of inflation is vastly understated. So in real terms, probably economic growth is rather slow.  - in a recent interview with ETNOW