Thursday, December 26, 2024

Fuel Check, Tyre Pressure Check

 This refers to ' RBI,Get a Green Thumb'  by Arunabha Ghosh and Dhruba Purkayastha (Dec24). Sanjay Malhotra's job will be rendered easy as he will have to only manage the smooth drive expected of him in a very heavy traffic jungle sitting in a very high end vehicle RBI with his vast experience and economic and political influence. The   shocks and risks macro , climate , financial are to a  great extent manageable once the financial system is made strong, stable and resilient to inflation pressures. The  fact that RBI has  successfully survived for 90 years tackling the political economic , social, technological risks would itself provide the confidence  needed to take the economy forward  The new Governor will  learn to drive independently only by following the traffic rules .


T.V.Gopalakrishnan

( This letter appeared in ET dated 26/12/24) 

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