Full Coverage: What is the force behind RBI Governor Raghuram Rajan’s first monetary policy?

19 Sep 2013 / 0 Comments

3.45 am Just woke up after long work till 12 am. "The office is so messy as like Indian economy. Fortunate Subbarao who left this mess created by few stupid political economists," Raghuram Rajan found telling the sweeper who came to clean up the

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Published On:Monday, 22 August 2011
Posted by Diggy Chacha

“Don’t ask me nonsense. I am economist,” said Pranabda



India's finance minister Pranab Mukherjee (Pranabda) recently said "If you have any questions relating to economy ask me but if you have queries on Anna, ask the home minister."





Therefore, DCFC which is also a no-nonsensical organization as like ideologies of Diggy Chacha and Pranabda thought to have a brief interaction with him and ask some economy related questions.













Question1: When will inflation get reduce?





Pranabda: How would I know? It's a global phenomenon. RBI is taking all the efforts. I only recommended Subba Rao for that position. So if you have any questions relating to economy ask me but if you have queries on inflation, ask the RBI governor.





Question2: Shall India come back to 9% growth rate trajectory?





Pranabda: Growth is an important part to contain inflation. (Smiling and said) It is my theory and I have already applied for copyrights. And current slow growth of India is just because of notorious Europe and US economies. So if you have any questions relating to economy ask me but if you have queries on growth, ask the European Presidents and Barack Obama.





Question3: Global economies are in turmoil. What is your view?





Pranabda: What view do you want? See India is less dependent on international trade. We shall maintain our growth rates and inflation (ha ha ha at 9% levels) so there is no concern for India (again ha ha ha). So if you have any questions relating to economy ask me but if you have queries on global economic turmoil, ask the central bank governors of each nation.





Question4: What about the reforms in India? Why don't you expedite retail and other reform process?





Pranabda: Again you are asking such a stupid question. See reform bills are stalled by opposition parties by not supporting us in Parliament and creating chaos. So if you have any questions relating to economy ask me but if you have queries on reforms, ask the opposition party leaders.





Question5: Do you think recent agitation against corruption by Anna will lead to slowdown in India?




Pranabda: Kapil Sibal is extra intelligent and honest person with super brain power along with Salman Khurshid who himself knows a Super power in the world are handling the situation. So if you have any questions relating to economy ask me but if you have queries on Anna, ask the home minister, Sibal and Khurshid.





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