Rajanspeak: brave and reformist - The Hindu

Rajanspeak: brave and reformist - The Hindu

Online comments posted on September 5, 2013:

Dr Rajan, as is evident from his academic and professional record, is a fast learner and capable of finding solutions to the toughest of economic and monetary problems. His challenges lie in (a) how fast he will be able to ‘unlearn’ the IMF lessons which were modeled with prosperity of the developed world in view and (b) how quickly he will get convinced about the historic dual responsibility of RBI to ensure distributive justice while supporting economic growth and reframe his arguments to convince North Block that after all RBI has been on the right path and what the central bank lacked was the support from GOI. 
Inside Reserve Bank of India, Dr Rajan will get a more accurate feel of the role played by RBI since its inception in the evolution of the financial system to meet the country-specific needs. The changed perception will also tell him why the cut and paste FSLRC report is not finding favour inside RBI. 

from:  M G WARRIER
Posted on: Sep 5, 2013 at 16:59 IST  


Popular posts from this blog


The King of Ragas: Sankarabharanam