The open fight between RBI and the Government is not in the interest of the economy, the nation, the ruling party and the RBI itself being a professional adviser to the Government and saviour of the entire financial system. The government and RBI have common and very laudable objective of ensuring fast and equitable economic growth keeping the welfare of all segments of the society particularly the farming community who is the real backbone of the economy and the society. Knowing this, both RBI and the Government have to have close coordination and understanding in enunciating policies and their meaningful and effective implementation. The whole world is watching and the international community particularly investors and Institutions like IMF and world bank have a stake in understanding the placement of the EConomics over politics.
Dr T V Gopalakrishnan
Dr T V Gopalakrishnan
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