Nonetheless, the same pressing need for privacy, which helped upend the Soviet Union, can be expected to address and overcome concerns that our newer technologies will intrude on our cherished need for privacy. Communism fell because its practice eliminated personal incentives to work and to acquire property, except in a very limited sense.
This is the seventh such facility of the IMF Institute in the world. A former Governor of the Reserve Bank and at present the Prime Minister, Professor Manmohan Singh, inaugurated the upgradation of the 50 year old Bankers’ Training College into a Centre for Advanced Financial Learning, when he visited the Reserve Bank recently.