Somehow agree to Modern Monetary Theory...
http://pragcap.com/understand-the-modern-monetary-system/understanding-modern-monetary-system
The moot point is clear division of goals between government and central banks...where central banks ought to have a single goal of inflation control, government should work towards increasing economic efficiency, increasing employment etc...hope indian government does understand this.
Surprising both Austrians and Keynesians oppose MMT http://www.economonitor.com/lrwray/2011/08/16/paul-krugman-still-gets-it-wrong-modern-money-theory/
