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Vaishali Makwana carrying her newborn girl to the booth in Bhavnagar on Sunday
RAJKOT: A women stepping out an ambulance carrying a bundle in her arms left many an onlooker bewildered at a poll booth at Kumbharvada of Bhavnagar on Sunday. But her responsibility and sense of duty as a citizen left her with many admirers too after 25 year old Vaishali Makwana, carried her 2-day-old newborn baby girl first to the poll booth straight after her discharge from Sir T Hospital.
While on her way home, Mawana expressed the desire to first cast her vote before reaching home and the 108 ambulance staff were only too happy to oblige. So, the vehicle carrying mother and infant made a stop at the voting booth and while the staff took care of her infant, the mother went inside to cast her vote.
The RBI’s ‘weighty’ food problem
The weight of food has skewed inflation control policy - V V Krishnan×
The food articles’ high weight and their price volatility have reduced the efficacy of the central bank’s policy actions
The flexible inflation targeting framework adopted by RBI in 2016 is considered a significant economic reform in India post 2000. Under this framework, maintaining a 4 per cent CPI headline inflation gets the highest priority in the hierarchy of monetary policy objectives. This rule based policy making renders monetary policy transparent and predictable.
However, of late, adoption of this framework is being criticised on many accounts. Many experts believe that such single minded monetary policy making is not suitable for an emerging country like India. They indirectly hold this framework responsible for accelerating the slow-down of the Indian economy.