Tackling crisis of confidence in economy | Business Line

Tackling crisis of confidence in economy | Business Line

Online comments posted on July 22, 2013

M G WARRIER
This is with reference to K Mundanad"s comment. How another authority can perform better, if RBI was not able to do justice to the responsibility entrusted? It is not merger of regulatory bodies as recommended by FSLRC or re-inventing central banking now suggested that will help save the situation. There are a couple of suggestions in this article which I am not repeating which can do wonders. The need of the hour is political will to find India-specific solutions for country-specific problems. Inflation figures of developed countries and India are not comparable.

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