Chandra Shekher’s policies have no relevance in today’s liberalised India welcoming global investments for which the current banking system is an answer. In fact the government of the day should strengthen the regulatory frame work of the RBI and its Independence which has become a milk cow for the current dispensation or any fund starved government whether it is BJP or Congress.
Thanks to all these ‘progressive ‘ India still remains a 3rd world poverty stricken country, with some of the lowest levels of human development indicators on the planet.
Chandra Shekher’s policies have no relevance in today’s liberalised India welcoming global investments for which the current banking system is an answer. In fact the government of the day should strengthen the regulatory frame work of the RBI and its Independence which has become a milk cow for the current dispensation or any fund starved government whether it is BJP or Congress.
Thanks to all these ‘progressive ‘ India still remains a 3rd world poverty stricken country, with some of the lowest levels of human development indicators on the planet.
And how misguided he was about Bank nationalisation!
Our bankrupt Banks are result from this ” progressive policy”