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RBI was dynamic.Fine!What action it has taken to curtail Black Money Sector managing to get supply of Currency to it to be so big a player?One article in a news paper proudly claimed that 47% of GDP contribution comes from Informal Sector ie Black Money market.If there are difficulties in controlling it under the conditions really existing in INDIA what has RBI done with it expertise to influence steps to arrest it.Wanchoo commission report is said to have been shelved. After the hey days of “Chavan ji don’t have we electons to win” of Mrs. Gandhi what was the role played by RBI towards wancho committee report if it had been a good step suggested. ” Now the owner (BANK) is not doing its job. It is asking the regulator to do its job" Oh! what a statement!!.In which Industry if the worker is not doing the job, the officer or supervisor is doing the job.Throw out the people who do not do the job .Are we paying Tax for bank officers to be paid to not do the job?This is the problem of the financial Sector.R.Ponnambalam
When a government conceals a specific figure the aam janata must know it is in their own interests and stop raising inconvenient questions.
However, if you are unsatisfied wait till 2019 when you will have the opportunity of re-installing a much more opaque and substantially corrupt governance.
Re: The figure cannot be made public !
by Soumitra Goswami on Jun 28, 2017 02:18 PM
BJP has not hidden surgical strike, Netaji Subhas's documents but such silence on DeMo speaks the real truth. That's the reason NaMo is touring so much and hugging Obama and Trump in the same way. There will not be a tomorrow he knows when the truth will be out.
Re: Re: The figure cannot be made public !
by shivraj kasana on Jun 28, 2017 04:24 PM
EVERY TRUE HINDU IS ALL PRAISE FOR BOLD STEPS OF P.M. SIR.INDIA IS NOW CONSIDERED MOST POWERFUL COUNTRY IN THE WORLD, WHOLE WORLD IS SALUTING MODI SIR AND HIS TEAM. S.S.KASANA
Re: Re: Re: The figure cannot be made public !
by Soumitra Goswami on Jun 28, 2017 04:43 PM
True Hindu a new term. What is their qualification tea selling experience and RSS educated? Sir after seeing such comment many of us feel we have gone to school only to get mis-educated and all learning were in Hindu mythology where creature like Jatau existed and Pushpak like air craft flew. I think ask PM to close all school and college and start Nalanda University again.
The RBI has still not come out with the final tally of how much cash was deposited in banks due to demonetisation. Why the delay? Probably the Central Bank is waiting to get nod from PM/FM. Or it could be that Govt wants to utilise the unaccounted money for its own nefarious activities.
As Ex RBI governor, atleast can you say how much time you require to announce the total amount deposited after demonitisation in all the banks? One year/Ten years/100 years
Re: Demonitisation- amount of cash deposited
by buranudeen mohamed on Jun 29, 2017 10:04 AM
hypothetical question. They cannot announce even after 15000 years. Very huge amount to the tune of 1 lac crore gone to the pockets of these politician.