chidamabaram was at the forefront on Rajan's side. But whenhe was in power he had different views. This exposes the dousblke speak of Chidambaram and the samgress.
Re: RBI
by raju subramanian on Jul 15, 2016 02:14 PM
Chidambaram is a congenital liar.He lied even in ishrat jahan affidavit that he had not seen it. Such persons should not be allowed to write columns in newspapers proclaiming innocence and damning everybody.
Re: Re: RBI
by JITEN HAZARIKA on Jul 16, 2016 01:33 PM
It is because Mr. Chidamvaram is a lawyer and the duty of a lawyer is to establish false in the court to save his client for money paid although he knows the truth.
Re: Re: Re: RBI
by ASHOK UPADHYAYA on Jul 17, 2016 10:02 AM
Chidambaram is an opportunist... If congress had won he would have been again FM... Without fighting election... Intentionally he had avoided election as he was sure for defeat...
Now it is confirmed that previous govt.never give chance to other constitutional inst.like ,RBI,CBI and HC,SC. But it is the first govt. in which everyone is enjoying autonomy. within six months the SC has rejected two orders of President rule in UK Arunancal. Before it governor rule were changed by SC/HC.
This article reads like the tale of RBI Governors down the years.Popular moves override hard core economics.With good governors or bad governors our economic situation remains the same. The malady may be elsewhere
D. Subba Rao had opportunity but messed it up. Everything gone bad to worse during his period. When USD jumped from 40s to 60s what controls he enforced? Not a popular guy. Now trying to blame others. That it self shows how good he is
Re: Worst RBI Governor
by yahoo on Jul 15, 2016 11:21 AM
Same things if Rajan says it becomes somehow correct? Subbarao refused to lower interest rates to keep control on inflation, and so did Rajan. Both are exactly the same thing.
Re: Re: Worst RBI Governor
by pradeep agarwal on Jul 15, 2016 11:41 AM
They were from same school of thought & messed up Indian economy.RBI it seems has only one job that is to contain inflation while growth according to both is not the priority.Why do than all developed nations such as China,Japan & US grow with low interest rate?
Re: Re: Worst RBI Governor
by Ram on Jul 15, 2016 11:56 AM
Problem during D Subbarao time and now is - inflation was very high even though the interest rates were not reduced. During Rajan's time - inflation has actually come down. USD was in the 40-45 range when Subba Rao started and has come in the range of 60-65 when he left. During Rajan's time, USD was relative stable in the range of 60-68. Rajan's challenge now is with BREXIT and how the INR is behaving. Currently no effect observed on INR because of BREXIT.
Re: Worst RBI Governor
by Nandan Singh on Jul 15, 2016 12:13 PM
Now it is confirmed that previous govt.never give chance to other constitutional inst.like ,RBI,CBI and HC,SC. But it is the first govt. in which everyone is enjoying autonomy. within six months the SC has rejected two orders of President rule in UK & Arunancal. Before it no governor rule were changed by SC/HC.
Re: Re: Worst RBI Governor
by pradeep agarwal on Jul 15, 2016 12:31 PM
The fact is that most of them are now abusing their freedom as mentioned by you in case of Arunachal Pradesh ruling
