The article is very interesting and the author has given a brief assessment of the various Governors contribution to the economy taking into account their linkages with the Governments in power and the undercurrents at various points. Generally RBI is not closely watched by the media and the Governor's performance and RBI's role in safeguarding the macro economic fundamentals particularly inflation and economic growth have not been evaluated independently by any agency or the media. If political interference is too much in RBI's functioning ,some Governors dare to be very vocal and get noticed and attracted by the media.Their positives contributions in keeping the economy insulated by any external financial turmoil like Asian crisis, global financial crisis etc seldom get noticed or publicly recognised..The history volumes of RBI are basically brought out based on the published materials and the secrets if any why an event has happened, how it happened, or the circumstances under which it happened and how it had been handled to avoid any possible catastrophe etc do not seem to be made transparent and perhaps the author in his proposed Monograph on RBI and with his intimate knowledge of RBI as a Consultant and senior Journalist specialized in Finance and Economics can bring out in detail how the RBI keeps itself free from Severe Criticism from public, media and is able to do reasonable justice to the functions entrusted to it despite lack of autonomy even in taking care of its own staff welfare leave alone in managing the economy and finance.
(This comment is sent to Business Standard dated 16/11/2015 against TCA's article on RBI )
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