With inflation above 6% and uncertainty around the pandemic, the Monetary Policy Committee rightly chose to maintain status quo on rates. But with inflation expected to rise, RBI will have limited options to support growth. Government needs to be ready to step in with fiscal measures to revive the economy.
A politician as J&K L-G is a good move. He is better equipped, but has his task cut out
Sending a veteran politician to replace an ex-bureaucrat in Srinagar Raj Bhawan is a welcome move. He is better equipped to navigate the choppy political waters in J&K. New L-G has his task cut out: Win public confidence with development works and re-create space for mainstream politics to restore normality.