Sunday, February 17, 2013

Poverty and Trade union

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)

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