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Miffed Chidambaram widens rift with RBI | India Insight
If the responsible persons were objectively alert and observant to the changes and deduced the reason properly for such high inflation the crisis should have not been the cause of such a situation.
Having, mentioned the above and world is fighting against the same problem, Indian financial authorities instead of being complacent of their obstinate personal opinion as the solution should have more serious and accepted others valuable suggestions. However, unfortunately the top authority in charge had to bow down ultimately forcing the authorities to go for the change in the Ministry.
Eminent financial experts having taken into the worst possible factors prevailing in the country like corruption and interference in financial matters by hidden influential people may have further deteriorate the financial condition.
However, until strict vigilance is maintained in this sector the situation may slip to a point of no control.
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