4 ms·
Did you even read the articles? There are 5 people mentioned, two of whom are former RBI governors and apolitical. While Manmohan Singh and Chidambaram are from
by statguy 9y ago
Did you even read the articles? There are 5 people mentioned, two of whom are former RBI governors and apolitical. While Manmohan Singh and Chidambaram are from the opposition, they are noted economists - MMS had predicted back in Nov. 2016 that GDP growth would drop by two percentage points and he was bang on target. The third article was about a letter written by RBI employees about the RBI loosing credibility and the Congress spokesperson was simply echoing their words. I can't provide more sources right now (on phone) - during the demonetization period - ATMs were not working, shortage of new notes, RBI issuing new directives each day because it could not cope, a general confusion all around - all severely damaged the RBI.
- harigov 9y agoBTW, the letter from RBI employees was about mismanagement rather than demonetization perse - http://timesofindia.indiatimes.com/business/india-business/feeling-humiliated-by-post-note-ban-events-rbi-employees-write-to-urjit-patel/articleshow/56527140.cms http://timesofindia.indiatimes.com/business/india-business/f... That article that you linked seems to be intentionally ambiguous.
- rajathagasthya 9y agoI did read the article, thanks for asking. Doesn't change the fact that those 3 persons I mentioned are opposition leaders. And hence I don't take their (Singh, Chidambaram and Dikshit) words at face value. I'm not even questioning Singh's credentials as an economist. Edit: I didn't realize that you mentioned 5 people in your comment. I stand corrected on that account.