You have the best economist as PM, one more best economist as FM, one more as Deputy Chairman Planning Commission. The result - Indecision - Inaction - Price Rise!!!!!!!!! Economists are better suited for advisory role. No decision making. Make Manmohan FM/RBI Governor again. We can have inflation cut down.!!!!! No jokes. This Govt has failed miserably in its analysis & solutions of problem. Really it is surprising that govt is blaming everything to international petrol price for all ills with Indian economy. What about the failure on agricultural front? You only made policies for SEZ that would turn vast agricultural tracts into what you dont know. Now there is no agriculture as well as Industry. The availability of credit was linked to the US. What about our financial Institutions? They started investing in the US subprime & personal credit rather than revving up economy & industry when the times were good ie., during the last decade. Today complaining CRR sucks is childish. Cutting CRR is no solution. You suck liquidity citing it as reason for price rise. You site international petrol prices for price rise and you cant control it. Tell me is YVReddy & RBI insightful. Industries are dying without availability of credit. Agriculture is dying without the lack of it. They cant afford costlier inputs & you raise CRR & hence interest rates. What logic!? Blunder!!! Make mechanisms so that spurious spending is curtailed & money is channeled to industrial & agricultural credit.
