Mangaluru, August 11: The increasing trend of putting the history’s onus on present society is the greatest barbarity. In such a scenario, reading books will reduce prejudices; commented Rahmat Tarikere.

Addressing as the chief guest of the function, he said that literary readings were dwindling. During this sensitive period, arranging these sorts of programmes based on history books is genuinely appreciable, he said.

“Our nation has also become one such wretched country, where a religion turns as a weapon and creates a war-like situation within the citizens. Killing writers or putting them on hit-list merely because of their ideas is a dangerous development.”

“When a group systematically attacks society in the name of religion, a small lamp kind of struggle is right in such circumstances,” he added.

“History is filled with thoughts like Brahmins are casteists, Muslims are cruel, and Dalits are dirty. We need to struggle to break these believes. Good and bad people are there in every religion and community.”

Books provide the truth of the history that people keep on changing in the society. Hence it is one of the most urgent needs to take a look at the fact. History should create a future in the present, instead of turning as a weapon to break the society.

 

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Mumbai (PTI): I am Sanjay but not Sanjay of Mahabharat who can predict future rate actions and at what level rate moderation will stop amid the ongoing global uncertainties, RBI Governor Sanjay Malhotra said on Wednesday.

Malhotra's remarks came at a media briefing on being asked if more interest rate cuts are in the offing, after he delivered the second straight interest rate cut since taking over as the RBI governor.

According to the Mahabharat, Sanjay was blessed with divine vision and used his power to relay actions at the Kurushetra battlefield to blind King Dhritarashtra at his palace.

He further said monetary policy and fiscal policy are acting in tandem to meet the growth-inflation targets.

"It is a joint effort... the government has done its bit in the Budget recently by taking a large number of measures in terms of the increased capex, tax rebates and we have reduced repo rate and changed the stance going forward, which means that the direction of the policy repo rate is downwards.

"Where it will reach… we really don't know. I am Sanjay, but I am not Sanjay of Mahabharat to be able to foresee that far. I do not have the divine vision that he had," he said.

He further said "we will jointly (with the government) try to manage the growth and the inflation dynamics in our country".

Earlier in the day, Malhotra announced repo rate cut for the second consecutive time and signalled more easing ahead as the Reserve Bank of India (RBI) sought to bolster the economy in face of further pressure from damaging US tariffs.

Following the rate cut of 25 basis points, the key policy rate eased to 6 per cent. The move lowers borrowing costs to the lowest level since November 2022, amid easing inflation and a fall in oil prices.

Malhotra also assured that the RBI will maintain sufficient liquidity for speedier rate cut transmission.

We will provide sufficient liquidity for the purposes of monetary policy transmission.