A very balanced view reflecting the in and out of the PMs office.Compared to Dr Y V Reddy, Dr Rajan perhaps lacked the diplomacy to understand the politicians' mind and act. That is because of his long absence in India and lack of experience being in Indian Administrative Set up. Any way Dr Rajan should have been allowed to continue based on his, brilliance and expertise as an Economist and professional performance and achievements brought to the Financial System in his very short stint as Governor of RBI irrespective of his personal liasoning with the political and administrative set up. Definitely the country lost an Expert's skill in handling the murky and complicated financial system. His frank and open opinions have not been taken in the right spirit by certain political masters, is a fact and it is a lesson for all professionals to seriously ponder before they accept a senior Government assignment. Their life becomes miserable if they fail to dance to the tunes of the politicians in power.
(This comment is in response to an article the numbers RBI Governor did not get : 282 in 2014 that appeared in First Post dated 22/6/16)
No comments:
Post a Comment