A Little More Realism Please

There is nothing good about pessimism.It merely saps initiative and energy.So the new RBI Governor’s strong start was welcome. However there is only so much that the RBI can do.So there is no sense in giving way to irrational exuberance.For too long our government has tried to orchestrate  atmospherics and make loose policy statements.However the reality has been no concerted action to implement policies.So instead of believing that the capable hands of Raghuram Rajan will kick start the economy,we’d better push the government to act at the ground level. Talking ourselves into believing that all is right means we will not be doing the things we need to do to set things right.