These days, when every move of the government and political leadership is justifiably viewed with suspicion, may be because of the presence of people like Manmohan Singh and Dr C Rangarajan and several other right-thinking veterans in Delhi (who survive there as others are not interested in hard work!), some decisions stand out giving hope that all is not lost yet. The choice of Dr Y V Reddy for this job is one such instance. He will have a tough time balancing pulls and pushes of a multi-dimensional nature. But he will face all those with his disarming smile and quickly do the right thing at the appropriate time. This Finance Commission will have the responsibility of giving a direction not only about ensuring distributive justice in allocation of resources but also making the economy move forward from the present stalemate. Congratulations to Dr Reddy !
- M G Warrier
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