The Dy Governor is good at making some abstract expressions without
giving any meaningful suggestions and support from the policy
perspective where as What professor Amartya sen said in the same
function carries some sense which the Dy governor should understand and
do as a policy maker at a very senior level.Reserve Bank pensioners
demand to update the pension for the last two decades has been kept
pending for no valid reason and many are finding it difficult to make
both ends meet in these days of ever soaring prices all around.Those
who preach should be role models and what they speak should be
convincing and acceptable.Poverty can be minimised to some extent
provided the Financial Inclusion is made 100% succes which has not been
happening as banks have been elusive and evasive to make it a
reality.The Dy Governor has commented several times on this also but
the fact remains that poor people have no access to banks.Charity
begins at home is perhaps the message he should realise.
Dr.T.V.Gopalakrishnan
( This is in response to an article Trade Union can help Management to remove poverty appeared in Business Line dated 18/2/13)