Saturday, November 17, 2012

RBI officials skip meet on mining issue


PANJIM: The Reserve Bank of India, which earlier had agreed to visit the state and talk to the banks about the restructuring of loans of truckers who are suffering due to the mining recession, did not visit the state, and have apparently withdrawn their resolve for the moment. The news comes close on the heels of the State Government committee, which was tasked with the job of collecting information of aggrieved truckers itself admitted that most of the trucks were either owned by mining companies or illegally owned by government servants, policemen, politicians with less than one-fourth of them being genuine sufferers. The Regional Director of the Reserve Bank of India did not visit the state as scheduled indicating that the RBI had withdrawn its gracious hand........

No comments: