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Letters to BS: Surplus transfer should not be seen as a windfall gain

The amount should not be wasted to run moribund public sector entities such as Air India

rbi, reserve bank of india
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This refers to the editorial “No windfall” (August 28). I agree that the transfer of this large amount should not be seen as a windfall gain and should be used wisely. It should be used for public investment to revive the economy; for example, in the improvement of the infrastructure and carrying out substantive reforms in areas like labour, land etc. The amount should not be wasted to run moribund public sector entities such as Air India. Also it should not be frittered away in pre-poll bonanzas considering some state Assembly elections are coming up in the next few months.

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First Published: Aug 28 2019 | 9:05 PM IST

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