Centralisaton of power in

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Mumbai: The Shiv Sena said today that one of the main reasons for the country's "poor" economic health was the centralization of power in the Prime Minister's Office. The central government wants the finance minister and RBI governor under its control an editorial in Shiv Sena's mouthpiece ' Saamana ' said, adding that the present BJP-led dispensation in the Center is not ready to listen to economists as it considers the economy as a ' share market gamble. ' It backed concerns raised by former RBI Governor Raghuram Rajan, who recently said that India is in the midst of a "development depression" with signs of deep economic malaise running through the PMO and powerless ministers.

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