<b>Letters:</b> Ignorant critics

Analysts will now pick holes in the proceedings of the Parliamentary Standing Committee on Finance

Media reports of the Parliamentary Standing Committee on Finance on January 18 have exposed analysts’ ignorance of the purpose and content of the proceedings, more than lapses in the planning and implementation of the withdrawal of Rs 1,000 and Rs 500 currency notes.

Even before the meeting of the committee took place, the view that took hold was that the Reserve Bank of India governor was appearing for a “qualifying” or “selection” examination. Several media outlet” “leaked” different versions of the “question paper”. About 10 to 20 questions were circulated in the media. Some of these questions were really asked.