Mr Swamy is correct in his statement. Unless Raghurajan is sent back to Chicago the Indian economy will be collapsed repeatedly like this. Select a capable person for such a sensitive post . We feel Mr Swamy also can be a suitable candidate.
Investors are in lot of confusion about Indian economy and policy of Govt,as there is no cohesion between RBI and ministries of finance and industries.Also Govt is not able to implement liberal measures to improve the economy and loss making sectors of industry.PSU banks are loaded with huge NPA s only because of granting cries of loans to dubious industrialists with political connections mostly by previous Gifts.Govt shld initiate measures to boost the sentiment of middle class,employees& upper class meritorious people mostly unhappy with lot of reservations tomany who are ffearless meritorious but being rewarded due to reservations.Play don't underestimate the power of the meritorious but unjustifiedly suppressed in preference to far less meritorious.Always encourage n reward the intelligentsia n meritorious.
