By replacing the reverse repo rate with the Standing Deposit Facility rate, the RBI has managed to raise the base lending rate in the economy, while seeming to hold policy rates static
Very bright, prudent opinion conveying a strong message to the RBI Governor, Mr Shaktikanta Das on monetary policy changes. Of course, on behalf of we the masses and as an Economist-Journalist. I hope Mr Das corrects himself as expected by we the masses.
You call it a Panglossian spin and I castigate Mr Das's actions(these many years) as Panglossian paradigm to fool we the masses. It reminds me of your stance on monetary policy in the pre-pandemic year 2019. You spoke point-wise about the changes made in the monetary policy by the RBI Governor back then.
It is shameful that the Governor does not feel urgency/need to help mitigate acute financial crisis of ordinary citizens like me. Moreover, the RBI Governor seems to work like a lap dog for Modi.
Thank you for absolute clarity with definitions and explanations of terms and highlighting hard facts related to changes made in the monetary policy in the financial year 2022-2023.
Certainly, not a good start in the New Year. Keep writing need of the times opinion pieces giving an opportunity to all stakeholders of the economy to improve themselves.
Dear Prudent Economics Editor,
Very bright, prudent opinion conveying a strong message to the RBI Governor, Mr Shaktikanta Das on monetary policy changes. Of course, on behalf of we the masses and as an Economist-Journalist. I hope Mr Das corrects himself as expected by we the masses.
You call it a Panglossian spin and I castigate Mr Das's actions(these many years) as Panglossian paradigm to fool we the masses. It reminds me of your stance on monetary policy in the pre-pandemic year 2019. You spoke point-wise about the changes made in the monetary policy by the RBI Governor back then.
It is shameful that the Governor does not feel urgency/need to help mitigate acute financial crisis of ordinary citizens like me. Moreover, the RBI Governor seems to work like a lap dog for Modi.
Thank you for absolute clarity with definitions and explanations of terms and highlighting hard facts related to changes made in the monetary policy in the financial year 2022-2023.
Certainly, not a good start in the New Year. Keep writing need of the times opinion pieces giving an opportunity to all stakeholders of the economy to improve themselves.
Best regards,
Vandana