Even if this may not have an immediate impact, as money starts flowing in the money markets again, it may help this sector in the next few months. Curbs on the real estate sector, a large element of which is infrastructure, should be removed. Effective regulation is needed, but the sector should not be starved of funds. If the RBI intervenes in the foreign exchange market, which it should ideally not do, it should sterilise its intervention fully with CRR cuts that put liquidity back into the system without waiting for the call money rate to go up. High rates, even for a few days, can upset the system again. There should be no uncertainty that in the coming days the system will have adequate liquidity.