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Below the line - The Hindu BusinessLine


Below the line
Sage sayings
Business and political leaders often go philosophical to explain away things not going their way. The Reserve Bank of India has turned to literature and popular writers to give comfort at a time when the country is going through economic uncertainty. In its latest State of the Economy Report, the RBI has used quotes from Valmiki, Benjamin Franklin, Fyodor Dostoyevsky, Paulo Coelho, Barack Obama, William Shakespeare among others to infuse hope. For example, it quotes Dostoyevsky that the secret of man’s being is not only to live but to have something to live for, to convey that India has a lot to live for, including the strong likelihood of emerging the world’s fastest-growing economy in 2021 and 2022. If words could soothe economic sentiments, the RBI would have done its job. ....

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