Former
Reserve Bank of India (RBI) governor Bimal Jalan has raised red flags
on implementing the government’s food security plan at a time the
economy is battling fiscal stress, joining a chorus of influential
voices sounding caution on the legislation, widely expected to be a
money guzzler. Jalan, who spent time in Parliament as a nominated member
after stepping down as RBI governor in 2003, said that while the food
security idea was noble and had his support, it was important to launch
it when the government can manage the large costs associated with it..........
Read - ET
No comments:
Post a Comment