Founder @TheQuint, @BQPrime, Network18 | Entrepreneur, Business Leader, Media Industry Expert | Author- 'SuperEconomies', 'Superpower?' & 'Super Century'
Nov 6, 2018 • 4 tweets • 1 min read
GOI wants RBI to pay Rs 3.6 lac cr. I can think of only 4 ways to do this: 1. sell gold; 2. sell fore-ex reserves; 3. sell portfolio g-secs, thereby increasing interest rates; or (1/2)
thequint.com/voices/opinion…4. cancel portfolio g-secs and print cash!
All 4 are utterly avoidable; let GOI be WARNED about this misadventure. (2/2)