Business Daily from THE HINDU group of publications
Friday, Aug 18, 2006
Business Daily from THE HINDU group of publications Friday, Aug 18, 2006 |
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Opinion
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Letters Economic history
This is with reference to "Revisiting the Eighties" (Business Line, August 14): The author recalls the pledging of gold in the RBI's vaults to the Bank of England in the early 1990s. Lessons learnt in the mid-1980s led to economic reforms that began in 1991. While the Indian economy now appears to be on sound footing, the situation can turn volatile at any time. The economy is passing through its second stage of reforms, and the investment front requires a greater thrust. NRI and domestic investments require more serious attention from the Finance Ministry. C. P. Velayudhan Nair Kochi
Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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