Why
only Inflation? All problems that the economy face today add to the
head ache of the governor and there is no magic wand to set right
things. He has to build up confidence in the economy through improved
rupee value, savings of the masses in financial instruments particularly
banks savings instruments, discourage build up of assets of gold and
real estate by eliminating black money, increased health of banks
balance sheets by being very strict with bad borrowers and finally
through better rapport with the Government by getting some favourable
fiscal incentives towards savings, removing the supply side constraints
for containing the defiant inflation and inflation expectations. He can
do it and he has to do it to save the economy from further crisis. DrT.V..Gopalakrishnan (This comment is in response to a write up inflation adds to head aches of the new Governor that appeared in TOI dated 16/9/13)
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