As RBI completes 87 years, a look at contributions of Dr. Ambedkar on conceptualizing RBI
New Delhi: As the Reserve Bank of India completes 87 years on April 1, 2022, we look at the role of Dr. BR Ambedkar in establishing the RBI.
The Reserve Bank of India was conceptualized according to the guidelines, working style, and outlook presented by Dr. Ambedkar in front of the Hilton Young Commission (also known as the Royal Commission on Indian Currency and Finance).
When this commission came to India under the name of “Royal Commission on Indian Currency and Finance”, each and every member of this commission was holding Dr. Ambedkar’s book named “The Problem of the Rupee – Its origin and its solution.”
Hilton Young Commission submitted its report in 1926 and it was on the recommendations of the report that RBI was established. Reserve Bank of India (RBI) came into the picture on 1st April 1935. Dr. Babasaheb Ambedkar had submitted a statement of evidence to the commission and one can find clear authority and evidence of Babasaheb’s expertise on the matter in the statement submitted.
The RBI, however, is often blamed for neglecting the contributions of Dr. Ambedkar and not mentioning the same on RBI Foundation day or on any other occasion.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
TN supplier of ghee to Tirupati temple says labs have certified product quality
Chennai (PTI): AR Dairy, a company that supplied ghee to Tirupati Lord Balaji temple, on Friday said their product samples have been duly cleared by authorities certifying its quality.
The Dindigul based firm's spokespersons told reporters that only during the months of June and July they had supplied ghee to the Tirumala Lord Venkateswaraswamy temple.
Even when ghee was supplied to Tirupati temple, it was sent along with duly accredited lab reports.
"There has been no deviations at all." Their firm was only one of the several vendors who had supplied ghee to the TTD and quality certifications had been shared with them.
"Our ghee is not being sent now to Tirupati temple. We don't send," a spokesperson said, adding, their products were available at all places and that these could be tested for quality.
A major row has erupted following Andhra Pradesh Chief Minister N Chandrababu Naidu's claims of low quality ghee and alleged presence of animal fat in the laddus made and distributed at the shrine.
