.......While talking to the media after a function in Chennai on last Thursday, Reserve Bank of India (RBI) deputy governor Subir Gokarn observed that as regards fiscal problem, no solution will work unless the subsidy issue is addressed. He added that the subsidy bill is by far the largest single burden on the government finances. Reading in the context of the recent measures to tackle oil subsidy, the statement coming from the RBI could be seen neither as a threat nor a warning, but as advance information about the impending disastrous policy initiatives on the food front........
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment