Monetary Control- CRR vs SLR

Dispensing with Constitutional Norms THE entire rumpus over the president-prime minister correspondence reeks of the cynicism of a decaying political system. Gone are the days when the Indian state could rub down the differences between a Nehru and a Rajendra Prasad over the Hindu Code Bill with the trappings and legal rhetoric of parliamentary democracy. The sheer compulsions of expediency and opportunism of the contestants in today's political disputes among the ruling powers compel them to shed whatever little remains of the veneer of constitutional sophistication and indulge in double-faced behaviour.