Defending Raghuram Rajan Committee Report

business today, november 10, 2013

letters to the editor

FLAWED REPORT?
Your article Why Raghuram Rajan Ranked Gujarat Low (October 27) can be contested. When it comes to sharing of resources, whether among nations or members of a BPL family in India, it is not always the most reasonable voice that is acceptable to all. Let us not expect a different approach from the states, when it comes to the sharing of resources from the Central pool. It is high time to discontinue the "special category" classification, be it for states or people, and move forward to equity in distribution, based on needs at the ground level. We should make efforts to share resources fairly to help states and individuals climb up the ladder of economic develop- ment. Rajan's recommendations should be seen in this perspective. - M.G. Warrier, Mumbai