The Kuttanad Imbroglio | Business Line

The Kuttanad Imbroglio | Business Line



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Don’t disarm the governor
This refers to the report “Centre moves to take over monetary policy making, prune RBI’s clout” (July 24). Coming soon after RBI had accepted the challenge to chase an inflation target, the move based on an FSLRC report is unfortunate. One still hopes, wiser counsel will prevail and the RBI Governor will not be ‘disarmed’.
The FSLRC report should be revisited in the present Indian context, as its major recommendations need deeper study. In their hurry to show ‘results’, it seems the NDA government is rebottling UPA II’s wrong policies.
M G Warrier
Mumbai

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