Tussle between Reserve Bank and govt
PM Narendra Modi dedicated the tallest statue in the world of Sardar Patel, made at a cost of Rs 3000 cr to the nation. He has called it the ‘statue of unity’. There cannot be a bigger joke than that. May be a government which forced the country to stand on the brink of division needed a comic relief such as this to cover up for its lacunae. Forget the unity among people, autonomous organisations working under the government are splitting through their functioning. All credit goes to Narendra Modi for having successfully wrecked every working institution in the country whether it is the CBI, Reserve Bank, Finance ministry to fight against each other, while pitting Dalits against people of their own community. Now, after all this, the government has erected a statue of unity.
The fight between Reserve Bank and central government is now out in the open. RBI governor Urjit Patel is almost close to submitting resignation to his post. RBI Deputy Governor Viral Acharya had spoken about government interference in Reserve Bank’s autonomy. Finance Minister Arun Jaitley has accused RBI of indiscriminately giving out loans between 2008 and 2014. Swadeshi Jagaran Manch of RSS, which was lying silent so far, has now suddenly vented ire against RBI holding it responsible for rupee losing its strength against dollar with every passing day. The government has directed RBI to make leeway for loans, despite NPAs piling up and loans but being repaid. RBI has instructed 11 banks to stop giving out loans in this regard. Government has problems with RBI for the same reason that the institution has refused to give loans. PMO has raised objection about Viral Acharya’s statement on govt interference.
Autonomous institutes are experiencing challenges ever since Sangh Parivar controlled Modi government came into existence. This government has a single point agenda of destroying every autonomous institution built by Nehru’s team. Soon as they assumed power, the government dismantled UGC and then dismembered five year plans. The strongest agency CBI is now marred by infighting. JNU’s autonomy has been stripped off and efforts are on to communalise it. Modi government is out to destroy everything the country was proud of, in the last seventy years. Reserve Bank alone is not responsible for NPAs in banks, but the economic policies of all governments that have been in power in the past are also responsible for it. Unless they are changed, the govt has no reason to attack RBI and question its autonomy while safeguarding the interests of capitalists who abuse the banking system the most?
This is not the first time RBI is in tussle with the Modi government. When NDA assumed office after elections, the then RBI governor Raghuram Rajan had resigned following differences of opinion with Modi. He had even criticized the government after his departure. Eventually, Modi brought his own Man Friday Urjit Patel who also went into his bad books a little later. The government had not informed RBI of the demonetization decision, which was the cause of contempt. Now Modi govt is trying to control RBI using 7th article, in order to safeguard the interest of capitalists. This was not used by any government in the past even during times of distress such as 1991 or 2008 of global meltdown. Now Modi government wants to exert itself on RBI and weaken its structure and decisions. People have to teach this government a lesson, else it would march towards arrogant dictatorship unhindered.
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I forgot that I can use saliva, but will use it from now on: RCB's Bhuvneshwar Kumar
Bengaluru, Apr 17 (PTI): Fast bowlers often have elephantine memory but Royal Challengers Bengaluru’s Bhuvneshwar Kumar rather sheepishly conceded that he has forgotten to use saliva to shine the ball despite the redrafted rules, and promised to make amends in the IPL match against Punjab Kings here on Friday.
In the run-up to this season’s IPL, the BCCI had lifted the ban on using saliva as a ball polishing agent after several captains favoured the move.
The saliva ban was enforced during the COVID-19 pandemic days as a precautionary measure.
Now, several skippers and quick bowlers have felt that it will revive the forgotten art of reverse swing, but Bhuvneshwar offered a different perspective.
“I forgot that I can use saliva. Yesterday when the (team) staff told me, I didn't know that I have to use it,” a sheepish Bhuvneshwar said on the eve of the match against Punjab Kings.
But now, there is a late realisation and he is open to experimentation.
“I am not sure if it will help or not, but now that I remember, definitely in tomorrow's match (vs PBKS) I will put some saliva and see if it helps or not," he said with a chuckle.
However, some of his contemporaries have eagerly latched on to the opportunity to purchase some reverse swing to keep the batters guessing.
Mitchell Starc of Delhi Capitals found a hint of reverse swing against Rajasthan Royals on Wednesday while homing in on the stumps with a series of yorkers in the 20th over and later in the Super Over.
Starc’s remarkable accuracy and the touch of reverse swing played a big role in DC eking out a Super Over win at the Arun Jaitely Stadium in the national capital.
“Reverse swing had completely gone away from cricket, whether it was red ball or white ball. Suddenly, if someone can execute 11 yorkers in 12 balls at a 145 (kmph) pace, then you have to give Starc the credit,” said RR’s Nitish Rana, who fell leg before to the Australian fast bowler.
Delhi’s skipper Axar Patel also offered some insight.
“Getting reverse swing is one thing, but executing it is very important. It was reversing, but at that time, under pressure, he (Starc) was executing it,” Patel said.
“I was just reminding him to be clear about the plans we made in the bowlers meeting. I was getting the same response: ‘Don’t worry, skip. I’ll do it',” he added.
rhaps, it’s time for Bhuvneshwar to do it as well.
