Sunday, August 7, 2016

Let experts work on Money and monetary policy. No intruder please

At long last our PM has come out openly against who have taken law into their hands in the context of protecting cow. The time has come for the new two year old Govt which is no longer new to guarantee the fundamental rights and implement the Directive principles of state policy.It is commonsense and much talked about without mincing words that politics is business and therefore only those who have money in abundance can contest. Furthermore when polcs game is mostly concentrated in family  connections matter and conducting an exhibition in the  art of flattery matters most.Govt at the centre and states have the great responsibility to have some control over the control and ownership of natural resources of the community and render social and economic justice.Redstribtion mechanism must work in such a way that it should serve the common interest of the community.shall we expect our leaders – the operators of the economic system to set it right in order that the inhuman treatment inflicted on Dr Raguram Rajan one of the finest central Banker that  the supreme has ordained does not become a way of life. Setting of interest rate and control of money supply cannot be defined or dictated by others especially when the Professor  i n charge of RBI  is really a man of integrity and also well versed in the subject. Come September,  our Rajan will leave and let us hope better wisdom will prevail in appointing a right person no matter what the trouble maker will say and suggest as if he is the authority in Economics

No comments: