There is strong buzz going around as initiated and generated by the frustrated Congress and their cronies about an alleged rift brewing between the Finance Ministry, GOI; and the RBI. Thus creating a false and negative impression and narrative, about Modiji's Government to the Nation during this Election period. It is unfortunate and sad that moronic Rahul Gandhi is projecting India as a Banana Republic; As Congresses UPA rule of confusion and chaos.
To explain the said issue in the right perspective and give clarity for correct public understanding the following should be understood.
Modiji's Government has a duty and mandate to ensure, higher interest rate to the saving bank and fixed depositor's in the bank, Government has also to ensure smooth flow of loan to small business entrepreneurs by lower loan interests, to ensure purchasing power in the hands of public. Whereas RBI has a mandate and duty to earn profit by ensuring lower interests on deposits and higher interests on loan amount, to control inflation and rupee value. Both are correct in their stand. Both these departments are staffed by experts and professionals and therefore we as public have no knowledge and professional acumen to decide, comment and evaluate, as to who is right and who is wrong.
Ladies and Gentlemen of the Nation, kindly don't fall into the trap of these anarchist Opposition Parties that there is rift, dispute and problem brewing between the Finance Ministry, GOI; and the RBI. The RBI Governor shri Urjit Patel, is not resigning nor is the government contemplating removing him. The issue will be resolved within two days to the utmost satisfaction of all concerned.
Rahul Gandhi let me remind you that your pessimism is maddening you and destroying your Congress Party.
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