Wednesday, June 5, 2013

RBI and Import of gold

What the law enforcing authorities are doing?One cannot and should not be afraid of initiating some public policies intended for the common good of the people, economy and the country just because some anti social elements and black money holders will  ignore violate and indulge in smuggling and nullify the effect of such policies. No right thinking persons can encourage such thoughts.RBI is right and a very straight forward institution and its thinking is always  on the right lines as far as public good and economy's interests are concerned.  (This comment is in response to an  article Restriction on import of gold will  increase smuggling appeared in ET dated 6/6/13)

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