No one learns any lessons from any past events or policies pursued what ever may be the seriousness of the event or who ever may be the policy initiator is the ground reality. For Shakthikanta Das it is a new twenty twenty match where Umpires and line umpires are totally different. Politics pursued is different and Economic policies pursued are totally different. Over and above this, the pandemic also dictate its own terms and conditions and no one believes in the future as all are concerned with the survival for the present. Added to these, the Governance in the Country has been literally absent and ethics and values if any so far believed and pursued have been given a go bye by all, practically. Banks dictate terms in their own ways and they do not have any respect for Customers particularly deposit customers. Policy makers do not seem to understand the concepts inflation, real rate of interest, savings needed for investments ,and where to and how to invest to benefit the economy and the people. Banks have become a source of loot both by Corporates and NBFCs apart from individuals' fraud and disappearance from the Country. Confusion is confirmed everywhere and people wonder as to what is happening and how to survive without employment, income, and any other dependable support system. Pandemic has given opportunities to rob the public openly and hospitals ,and other service providers take this as God given opportunity to exploit and make money without thinking for a moment whether they themselves would survive or not the pandemic to enjoy the looted money. So goes the life.
Dr T V G Krishnan
This comment appeared in ET Dated 3rd August against an Article what can Governor Shaktikanta Das learn from Subbarao's mistake).
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