Choose your battles | Business Line

Choose your battles | Business Line


Coming soon after RBI had accepted the challenge to chase an inflation target, the move based on an FSLRC report which was written on dotted lines to satisfy the ego of the then FM, is unfortunate. One still hopes, wiser counsel will prevail and the RBI Governor who is expected to evolve and implement monetary policy will not be 'disarmed'. Whether one calls it VETO or the right of the leader guiding his team, Governor, RBI should have the final say on how RBI conducts monetary policy.

M G Warrier, Mumbai


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