The title as befitting a Central banker is just a hint for the well heeled and one needs to drill down and mull over the contents to understand the implications.
The suggestions by the former governor is very timely and needs to be implemented. We need to "segregate a part of the reserves that can be traced to more sustained flows" and allow a government agency to manage these funds to achieve more than " 6 % plus returns" will really help the economy. I see the "Invisible receipts" which our economy boasts of as one amount which is sustainable and growing. These receipts majority of which emerge from middle east can be invested in infrastructure projects to accelerate the growth.
The "comrades" will also like the idea.
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