RBI wins battle to keep debt management role - The Hindu

RBI wins battle to keep debt management role - The Hindu

My VIEW:

May
23, 2015
Letters
Debt
management
This refers to the report
“RBI wins battle to keep debt management role”(May 22). The slightest
insinuation that RBI and Finance Ministry fight a ‘battle’ whenever there is a
difference of views, is most unfortunate and I would accuse that it is in bad
taste when my paper ‘The Hindu’ indulges in it! Good governance is a product of
healthy consultations among ministries, statutory bodies and all stakeholders
in the relevant area and difference of views will always be there, if
democratic functioning is allowed. When governments behave as ‘owners’ and make
all other wings(judiciary, executive and so on) dance to their tunes, the rot
begins. Though not yet irretrievable, some signs of such a stance had appeared.
Media and statesmen should try and correct such tendencies.


M G Warrier,
Thiruvananthapuram

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