RBI Fund Transfer: ‘Another Indicator of Compulsive Dishonesty of Govt'
“Reserve Bank of India’s autonomy died certainly in November 2016 when demonetisation was announced. This was the decision taken against the wishes of the RBI. The main problem in India today is that we have a completely unaccountable government. This government is messing up with the public finances,” said Professor Jayati Ghosh, Centre for Economic Studies and Planning, Jawaharlal Nehru University, while speaking at a public meeting organised to discuss 'RBI's Reserve Fund Transfer and Bank Mergers: A Loot or Boost?’
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