On the need for education, I wish to quote our Father of the Nation, Mahatma Gandhi, who once said that education not only moulds the new generation, but reflects a society’s fundamental assumptions about itself and the individuals which compose it. The famous philosopher Einstein while discussing the need for education has projected the following fundamentals: a.
Market expectations that G-3 target rates will stay at very low levels for a very long time appear firmly entrenched. G-3 central bank balance sheets have swelled to about 25 per cent of GDP, on average, and can reasonably be expected to expand further. In the non-crisis economies, the challenging external environment has also required bold policy actions.