Inflation, Isn't It?

In a country like india, we are always saying we need growth. But when the ar b i actually does contrary to this and says, we're going to increase the cost of money - that's called inflation. Once you have inflation, then companies, people, everybody start adjusting downwards,. How much they consume, what they want to invest in so immediately... You can achieve slightly higher growth now at higher rates of inflation. In the long run, you 're going to have low growth and high inflation as the result"