Patel is under pressure for further tightening the screws on undercapitalised banks and errant corporate borrowers that are worried they may lose prized assets.
India should have secured greater savings by pressing Russia for prices nearer the cap while sustaining high volumes. This would have preserved strategic autonomy and served economic logic.
One such website has drawn particular scrutiny for spreading fake stories that have upset not only the Indian but also foreign defence firms by falsely attributing misinformation.
Of course Urjit Patel should not be allowed to leave. Who will be left to take the blame then? Shakti Kanta Das was the lucky guy who retired just in time, though he was the one who oversaw and connived to all the economic turmoil. That man should be now FORCED to become the RBI chief now. He didn’t have the guts then to talk like an economist, let him get one more chance. We will also know if he knew anything about this subject in the first place or was just a sycophant fraud.
Of course Urjit Patel should not be allowed to leave. Who will be left to take the blame then? Shakti Kanta Das was the lucky guy who retired just in time, though he was the one who oversaw and connived to all the economic turmoil. That man should be now FORCED to become the RBI chief now. He didn’t have the guts then to talk like an economist, let him get one more chance. We will also know if he knew anything about this subject in the first place or was just a sycophant fraud.
Automony of the RBI should be upheld as netas do not know economics and also they are least interested to learn.