Walk the talk for fiscal fitness

RBI Governor D Subbarao goes for morning walk in Kochi on Thursday. He was in town to declare Ernakulam as the first district having ‘meaningful financial inclusion’ in the country

Our Governor was in Kochi (Ernakulam) on November 22, to participate in the Dedication Function on "Meaningful Financial Inclusion" in Ernakulam District. Governor who arrived Kochi on the previous day stayed in our VOF at Kochi. The next day early morning he went for walk through the streets of Kochi along with Shri C. V. George General Manager O-in-C Kochi office. Governor might have thought nobody would notice him. But the Times of India, captured this rare photo and published in the front Page on November 23, 2012 in Kerala edition.

Governor during his inspiring and very interesting speech referred to about this walk and let me quote from his speech:-

"this morning when i walked through the streets of Kochi, I came to a junction, where there were a few migrant labourers. There were labourers from Bengal. Odhisa, Jharkhand and from as far away as Manipur. There were a few from my home state Andhra, to whom I could speak in Telugu. I asked one of them how much he earned. He said that he earned Rs. 550/ per day which I thought was quite impressive. He said that he send money home sometimes fortnightly. He visited his hometown once in six months. When I asked him how he sends his money, he said he send it through ATM. Even the Governor of RBI has not sent the money through the ATM".

Narration of this incident raised a big laughter from the audience when he said that even the Governor could not send money through ATM.

-  V.Reveendran, AGM, RPCD, Thiruvananthapuram