Who is to be blamed for the rupe fall and disastrous impact on indian economy . RBI ex-Governor Duvvuri Subba Rao or Finance Minister P Chidambaram or even the former Finance minister Pranab Mukherjee ?.
Anapusts say that all have to take blame for the economic polices like relaxing the CAD( current account deficit ) and inflation index caused since the last two budgets - 2012-13 and 2013-14. D Subba Rao who retired as RBI governor last fortnight has Chidambaram attempt to the blame on Federal Reserve initiatives was totally baseless .
had led t And ironically Chidambaram has blamed it on policies altered during the Pranab regime as finance minister.
It it the UPA policy to help some industrialist groupsin their import and export acts, particularly that of Ambanis and Mittals that had led to the predcament, they said and thatthe UPA government had deliberately led to the current fall . Besides these lopsided financial measures, the steep rise in expenditure caused by food subsidies and the FDI had added toit , they say .��
Anapusts say that all have to take blame for the economic polices like relaxing the CAD( current account deficit ) and inflation index caused since the last two budgets - 2012-13 and 2013-14. D Subba Rao who retired as RBI governor last fortnight has Chidambaram attempt to the blame on Federal Reserve initiatives was totally baseless .
had led t And ironically Chidambaram has blamed it on policies altered during the Pranab regime as finance minister.
It it the UPA policy to help some industrialist groupsin their import and export acts, particularly that of Ambanis and Mittals that had led to the predcament, they said and thatthe UPA government had deliberately led to the current fall . Besides these lopsided financial measures, the steep rise in expenditure caused by food subsidies and the FDI had added toit , they say .��
