Nabard is the best medium to coordinate the centre and state in the matter. NABARD has a key role to play to develop not only agriculture and rural development, but also has to ensure that the supply chain which is the major cause for food inflation improves.The Local Boards of the Reserve Bank of India can also be made for effective and accountable for improving the agriculture and rural sector by ensuring coordinated activities with all Central and state Level agencies involved in agriculture and allied activities with the active involvement of NABARD. If the institutions themselves do not show any enthusiasm and initiative to improve the economy, the continuance or otherwise of the institutions should be taken up for a serious review.
Dr.T.V.Gopalakrishnan
( This comment is given in TOI in response to a report that PM wants Centre and States to Coordinate to bring down inflation).
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