Re: First reduce the salaries of gov employees and save the natio
by Dancarter on May 23, 2016 01:37 PM
Reduce the pay of the ministers by 60%. Just talk rubbish..and Make Jaitely RBI Governor and Swamy the finance minister. Super dooper brains can fix all economic problems... then one will point mistakes even if job not done well!!
Re: First reduce the salaries of gov employees and save the natio
by Rakesh Dandekar on May 23, 2016 03:42 PM
then why this must salary, perks to politicians and ministers, governors and president and their staffs cant they reduce this amount at least by 25% not more and that amount to draught hit areas, swatch bharat expenses instead levying swatch bharat tax. each and every thing should be contributed by common people only. besides this cut the security expenses to politicians whereever it is necessary allow them and not each and every politicians. if this is happened definately there are balancing account of Indian economy.
He failed in containing the NPAs of banks. While private banks did a fantastic job, all the nationalised banks are having of loads of NPAs. This has happened under Rajan's nose.
He failed to make a retrospective plan for FDIs.
In last two years he has only critisised the policies, but he never delivered what he was supposed to do.
He is like Rahul Gandhi who used to say we have to do this and we have to that even when his own government was at centre. Same is the case with Rajan, he does not do when he has all the powers.
Re: Rajan must go
by Lakshmoji Tejomurtula on May 23, 2016 01:17 PM
One may argue that Rajan is a respected economist world over... even Amartya Sen is also respected internationally, is he of any use to our country?
Before becoming RBI Governor Rajan was the Advisor to Government of India on Economic Affairs, but he never uttered a word on wrong doings or mismanagement, probably thinking he would not get RBI job if he had fought with the then dispensation. And he never uttered a word when banks' NPAs were mounting between 2012 and 2014... now he talks like a political commentator than a policy maker.
Re: Rajan must go
by CV on May 23, 2016 01:32 PM
I guess banks do not take permission from RBI Gov before sanctioning its loans. Do not try to divert the attention about failure of government and shift all the blames to RBI, IMF, and other bodies or world... all mess are created due to failure of government... admit it and accept it... do not talk like Dr Swamy
Re: Re: Rajan must go
by Pradip Shah on May 23, 2016 01:40 PM
Mr C V or whatever be your real name, Why you dont have to say anything on six decades of misrule by the Congress led UPA government and only criticise the present government which has taken the charge of the affairs of the country only two years back ? all the nationalised banks are under direct control of RBI. When a common and honest man approches bank for a small loan he has to submit lot of documents and to pass through lot of hurdles while the big businessmen and Industrialists get huge loans without any difficulties. The huge NPAS of the nationalised bank are public money and whoever may be responsible for such NPA must be accountable and taken to task.
Re: Re: Re: Rajan must go
by CV on May 23, 2016 01:48 PM
you are kidding sir. RBI reduces interest rates but banks never pass it on to customers, like you and me ... the problem of inflation is not created by RBI but by bad policies of government .. present or past. why there is no improvement in agricultural products ? do not blame climate .. if that is the case, they why there is no action to irrigate the agricultural land ? why people are abandoning agriculture ? I guess the main responsibility of government is to provide basic infrastructure like irrigation, roads, etc. and not blaming opposition, world, one and sundry, etc. this government has been doing this only ever since it came into power...now everybody has understood what is GUJARAT MODEL DEVELOPMENT.. the entire country is facing all sorts of economic problems, which even BJP admitted (through Dr Swamy, who admitted that the economy has failed) ... so accept that and move towards corrective steps instead of still blaming opposition, world, IMF, etc.
Re: Re: Re: Re: Rajan must go
by ASHOK UPADHYAYA on May 23, 2016 04:31 PM
NPA everybody is responsible Politicians,banks executives, employees, borrowers small or big..GOvt policies are also responsible...NPAs were already there but we're not shown Rajan has asked the banks to clear balance sheets... In India no body likes to return borrowed money whether it may be of bank or personal.... There are more than 1 Lac crores written off of small borrowers.
Very rightly said Mr. Muridharan. Like you I have also been a long admirer of Dr Subramaniam Swamy. But the day I read about his views on Dr Rajan, I felt that he has become senile, old and talking like many of the uneducated ministers in Mr Modi's cabinet- absolutely out of his hat. I think Mr Modi and Mr Jaitly have to stop people making loose statements as this one by Dr Swamy.I am sure they realise that the Indian economy is still considered bankable is because of strong , analytical and intelligent persons such as Dr Rajan being at the helm of affairs. That it attracts investors is bacause of a very robust system that is being put in place. I think people like Dr Swamy & Mani Shankar Aiyar should be brought to talk shows by NDTV and have them trade as many charges as possible against each other & their parties and have them go back home with a very satisfied feeling of a general winning a war. What say?
Re: Dr Raghuram Rajan must stay as the RBI governer
by Dancarter on May 23, 2016 01:35 PM
Let him go!Make Make Jaitely RBI Governor and Swamy the finance minister. Super dooper brains can fix all economic problems...
Very rightly said Mr. Muridharan. Like you I have also been a long admirer of Dr Subramaniam Swamy. But the day I read about his views on Dr Rajan, I felt that he has become senile, old and talking like many of the uneducated ministers in Mr Modi's cabinet- absolutely out of his hat. I think Mr Modi and Mr Jaitly have to stop people making loose statements as this one by Dr Swamy.I am sure they realise that the Indian economy is still considered bankable is because of strong , analytical and intelligent persons such as Dr Rajan being at the helm of affairs. That it attracts investors is bacause of a very robust system that is being put in place. I think people like Dr Swamy & Mani Shankar Aiyar should be brought to talk shows by NDTV and have them trade as many charges as possible against each other & their parties and have them go back home with a very satisfied feeling of a general winning a war. What say?
Re: Dr Raghuram Rajan must stay as the RBI governer
by Dancarter on May 23, 2016 01:35 PM
Let him go!Make Make Jaitely RBI Governor and Swamy the finance minister. Super dooper brains can fix all economic problems...
The fight between two Brahmins. Swamy and Rajan. flimsy argument that Rajan is not Indian in thought. tough to be in the line of fire. no one else can step into his shoes so soon. Well Rajan must not have agreed to some conditions. so the war
Rajan would have a different good life after this. Lat him go! Make Jaitely the Governor and Swamy the finance minister. Super dooper brains and fix all economy problems...May be the big talks will have a good check by their performance.
When we can have consultant companies like Accenture, IBM, and the big four audit companies who are not Indian, why can't we have an American as an RBI governor?
Re: Consultant
by Rakesh Dandekar on May 23, 2016 03:59 PM
after reading every comments seriously i come to know that this is the correct answer. RSS need only indian and not other brains and same will be followed by our present govt. During cricket match street boyers are commenting that whey Dhone come 5th he should come 2nd,why this players first he should come later likewyas these street boys are know cricket likeways every thing is not politics gossip and before commenting one should know the basic economic hence unnecessary comments are giving wrong impression. so while commeting please understand the subject matter if you dont know dont comments only read and live the matter.
Re: Consultant
by ajay ghosh on May 23, 2016 12:59 PM
He ARothschild agent in india the bnsk of international settlements is rothschild bank they fund and run the dollar doimination and the wish to keep it that way so they planted this scrouge called rajan in india
