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........ CITIZENS DUTY & SLOGAN ::: It shall be the duty of every Citizen of India to defend the Country and render National service when called upon to do so ... SLOGAN ::: "That loyalty to the Country becomes ahead of all other loyalties. And this is an absolute loyalty since one can not weight it in terms of what one receives" (Lal Bahadur Shastri) ..... face book page link for 4th AIC of AIPEU GDS ...https://www.facebook.com/106981442132718/posts/pfbid035srQe6UqacpeJWwUxp2YvpbTWn9oRVGQzH97yez1ieYpKKA9mLQYEciGeXaa3y1el/ ......... .......

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......... .............. CONGRATULATIONS TO THE SELECTED CANDIDATES FOR THE POSTS OF GDS ..................... 4th All India Conference of AIPEU GDS - 8th & 9th October 2022 -- Kasaragod - Kerala ......

MESSAGE FROM CHQ

... AIPEU GDS 4th All India Conference on 8th & 9th October 2022 in Kasaragod - Kerala......... All GDS representatives of all Divisions in all Circles are heartfully welcomed .... Participate in large number and make it a grand success ....... Dear Comrade newly elected Divisional / Branch Secretaries of AIPEU-GDS -- PLEASE SEND YOUR POSTAL ADDRESS WITH PIN CODE, MOBILE NUMBER, E-MAIL ID THROUGH SMS TO ..09849466595.. OR BY E-MAIL TO >aipeugdsnfpe@gmail.com< IMMEDIATELY................... CRUSADER TO GRAMIN DAK SEVAKS (2nd Edition -2016) is ready and can place indent to AIPEU GrC (CHQ), NEW DELHI-8....... One copy Rs.225/- (560 pages) ..... Send e-MO for Rs.250/- to receive one copy of the Book by Regd. Book Paket..........

Friday, February 20, 2015

..Strong government doesn't move always in right direction, says RBI Governor Raghuram Rajan - NEWS

Citing Hitler's example, RBI Governor Raghuram Rajan on Friday cautioned that a strong government may not always move in the right direction, while suggesting a middle path between unchecked powers to the administration and a "complete paralysis".
Giving a lecture on 'Democracy, Inclusion and Prosperity' in Goa, Rajan said India has strong institutions like the judiciary, the Opposition, media and NGOs, but the government and regulatory capabilities need to be strengthened.
At the same time, the country would have to resist the "temptation to implant layers and layers of checks and balances even before the capacity has taken root," he said.

"We must choose a happy medium between giving the administration unchecked power and creating complete paralysis, recognizing that our task is different from the one that confronted the West when it developed, or even the task faced by other Asian economies," Rajan said.

While stating that a strong government should be led by those who have expertise, motivation and integrity and can provide the needed public goods, Rajan warned that "strong governments, may not, however, move in the right direction".
"Hitler provided Germany with an extremely effective administration -- the trains ran on time, as did the trains during our own Emergency in 1975-77.
"His was a strong government, but Hitler took Germany efficiently and determinedly on a path to ruin, overriding the rule of law and dispensing with elections.

"It is not sufficient that the trains run on time, they have to go in the right direction at the desired time," the RBI Governor said.

The economic inclusion, he added, should mean easing access to quality education, nutrition, healthcare, finance and markets to all citizens for ensuring sustainable growth.
He further said that in many areas of government and regulation the country needs more specialists with domain knowledge and experience.
"For instance, well-trained economists are at a premium throughout the government, and there are far too few Indian Economic Service officers to go around," Rajan said.

Observing that democratic accountability is very strong in India, he said "we may have a long way to go (as far as) the capacity of the government, by this I mean regulators like RBI also, to deliver governance and public services".

//COPY// DNA (20-02-2015)