Why not to follow " THE KARAM YOGA ".......

Our Dr.S.S.Tarapore ( Ex.Dy. Governor of R.B.I.) had in January,2013 forewarned fall in the value of Rupee. Now it is going from bad to worse. Short term & half hearted efforts by RBI & Govt. Of India have not been able to impact the rising graph so far.Not so appreciable measures having been taken by RBI is understandable mainly because of change of guards at Mint Road. Outgoing Governor Shri Subbarao & the incoming Shri Rajan both are shying away from their responsibility. Global events, presumptions & dangers do have impact on Rupee in addition to domestic reason of CAD, lack of WILL in G.O.I.to take appropriate & timely action,absence of dynamic leadership in Govt. & Opposition to steer clear of forex emergency converting into economic gloom. Instead of crying hoarse of foreign hand,Govt. needs to make overall efforts by involving Indian public as well who is much more patriotic than Its leaders. There is no dearth of capable Indians who will succeed in ensuring Rupee & India come out of the current malaise gloriously. The need is urgent all round actions to avert loss of Trust of the World . Considering the deplorable condition of Rupee, even after major OPERATION it may continue to remain in ICU for a few weeks as market never follows text book rules. Govt. need not ask us to have patience & make the nation fatalist. Let the nation no more suffer from inaction & apathy. Why not to follow " THE KARAM YOGA " propounded in Gita by Lord Krishna. 

- Ranjit Kumar Rehan, EXRBITES Group