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Moneycontrol.com >> Message Board >> View Messages >> Economy
   You are here :     Moneycontrol     MMB    Market View      Economy                         Most active discussions of 2006 , 2007 & 2008
Mismanagement Of India\\`s Economy (2)   30-Jun-08 16:48Tracked by (0)  
Posted by:   Guest on ( 30-Jun-08 16:48 )
I do not write this lightly. What kind of economists do we have in India who were unable to forsee where the subsidy raj on oil would land us. What sort of economists are in charge who did not foresee that this inflation is not all about excessive domestic money supply but more to do with the global upsurge in prices. Its not about Congress or their nemesis but about the quality of our civil service. I cannot think of a single name whose views on the economy would count for something.The less said about the RBI Governor the better. One day after declaring that he was mindfull of growth, he squeezes out Rs 30,000 crores from the scene. MR Reddy had better know that his performance as the RBI boss is under the scanner of his peers in the west and he cuts a sorry figure. Probably he is already thinking of life after retirement as RBI Governor. Not long ago one of his predecessors was annointed as a nominated MP.
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