The RBI’s got its sums all wrong, we’re not on an upward curve | india | Hindustan Times
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The RBI’s got its sums all wrong, we’re not on an upward curve

With reference to the editorial Not a loan at home (Our Take, June 17), if the Reserve Bank of India (RBI) believes that increasing interest rates is the solution to our economic problems, then it is grossly mistaken.

india Updated: Jun 19, 2011 23:09 IST

With reference to the editorial Not a loan at home (Our Take, June 17), if the Reserve Bank of India (RBI) believes that increasing interest rates is the solution to our economic problems, then it is grossly mistaken. If it was so easy, why didn’t Argentina and Greece adopt a similar strategy to tackle their economic crises? In fact, our economy is booming, but only on paper.
VN Kesavan, via email

It’s advantage Anna all the way
The controversy over the lokpal bill is unnecessary (Anna threatens to resume fast, June 17). India needs the bill to check corruption at every level of governance. The UPA has the opportunity to take credit for initiating the right step at the right time. By opposing it or staying silent on the issue of corruption, the government is losing credibility. It should learn from Anna Hazare, who has read the pulse of the nation and become an overnight hero.
Gyan Chandra Verma, Delhi

Bring tribes into the fold
This refers to the report Naked truth: Jarawas to leave virgin shore (June 16). Why were the Jarawas not included in India’s growth plan? As sociologists suggest, there’s still time to bring them into the mainstream.
Ashok Kumar Ghosh, via email

Putting cricket on a sticky wicket
With reference to Keshava D Guha’s article In a league of his own (June 15), Sachin Tendulkar’s assessment of the Umpire Decision Review System (UDRS) should be considered. The UDRS is unreliable. It aims at reducing the role of umpires, which will lead to many complications in the future.
Prashant R, via email