Don't Tell The Governor by Ravi Subramanian
Genre: Fiction
If you are wondering why the Indian economy is tottering,
this would be the book to read. It explains how the autonomous Reserve Bank of
India (RBI) came under the thumb of the current Indian Govt. by establishing
the Monetary Policy Committee that removed the RBI Governor’s veto power, the
printing of currency notes by a British company, the IPL fixing scandal,
terrorism funding and how all these are connected.
The author tries to explain a whole lot of current events in
simple English instead of banking language and this includes demonetization.
This makes the thriller interesting but the protagonist is caught in a honey
trap while the crooks get away making the ending bland. The pace is fast and if
you like puzzles, you can try decoding the names of the people who the author
is referring to in his book. I love puzzles, so I was stunned by what I found. For
India watchers, the events described would be familiar but for others who are
not familiar with political and economic events, this might be just a thriller.
The writing is simple and clear. The author explains how
banks work, what are NPAs, etc. in a way that even ordinary people can
understand. While Indian media did not give the kind of attention they should
have to Panama Paper leaks, the author does and explains money laundering, why
diamond jewellers seem to be fleeing the country including a jeweller who was a
former IPL team owner and also a gold Ponzi scheme runner, etc.
Is the system being cleaned? The answer appears to be no as India
appears to have replaced the system with an even worse system.
If you wish to buy the book click HERE
