RBI Pleases All and Mints its well deserved Recognition.
Apropos the Article “it is not RBI’s job to please All (June 5), but traditionally , historically and functionally RBI does it’s job efficiently , effectively, elegantly and eminently is a well established truth accomplished and acknowledged nationally and internationally .The credit for this goes to almost all the Governors for their wisdom , knowledge , dynamism to understand the multitasks the institution carries and dances to the tunes set elsewhere but maintaining the rhythm and steps perfectly motivating , developing the human resources by providing the needed skill , knowledge, values and the work culture and unique functions unheard of. Though it is generally believed Charity begins at home but RBI pursues a different kind of charity enriching the nation's economy by adjusting to the tunes of the Government in power, and ensuring welfare for all through Financial literacy, Financial inclusion and keeping the country's reserves and resources in tact with value addition and providing the best of financial infrastructure to meet the national and international viz political, economic social and technological challenges admirably. The contribution of RBI's Human Resources is by all means unique and extraordinary but alas, RBI is not allowed to have its way to perform, enjoying its own independence , wisdom and initiative like other Central banks of the advanced countries is perhaps the only black spot which is correctible and definitely avoidable as like RBI , there can't be any other support institution serving the Governments in power and the nation to the best of its competence and national spirit.
T.V.Gopalakrishnan
( Personal Views)
Bangalore
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