Indian economy will be atleast in good phase till Mr Subbu is there..
Else by this time FII would have crushed indian markets..
I think Mr. Subbu has to get in more strong rules against insider trading and all gambling happening in most of the stocks..Stronger punishment like US ..else they will pay penalty 11 cr and earn 1000 crores in stocks..
Please view how the country would be under the stewardship of Chidambaram.Wit 12 months the rupee may fall flat agst the world currencies.In times of war he may bedecisive&may not stand firm.may be too much worried.He may not be able to carry the opposition with him.Will he be able to the election Tamilnadu
We must accept that our financial condition is far from satisfactory. We must also recognize that DSR is not a politician to favour any person or a group to window-dress our situation. On the other hand, PC has compulsions to keep the government alive. And if RBI`s action results in benefit, he can take credit. If it fails, he can always claim that he warned so. A big minus point for the present government is that it wants to squeeze money from the rich to fee the poor. Going to the poor for the votes and to the rich for money will only increase the hatred from rich towards the government. Another assessment of the educated is that the government is not practical. No one buys the theory of Mr. Ahluvalia that a person needs no more than Rs. 27 per day for subsistence. People are justified in doubting the caliber of these so called bureaucrats who have studied in Harward Universities. On the whole, people are tilted towards RBI for the time being. Time will only prove whether PC or DSR is correct.
PC is a shrewd politician who wants to take credit for the spur in growth whereas SR is having his head above his neck and feet on the ground.. He is doing a great job inspite of the pushes he gets from the Govt. Job/performance wise, my vote goes to SR and not to PC..as a great thinker and not becoming a victim of the govt..