VITALINFO: Forbes article on Dr Rajan: Far from sacking him, Raghuram Rajan is the man th...

VITALINFO: Far from sacking him, Raghuram Rajan is the man th...: ..... However, there is one indisputable fact: far from thinking of replacing the RBI governor, the new government would do well to allow ...

 A well researched article. For those who may not find time to read full article, concluding paras quoted below:
"However, there is one indisputable fact: far from thinking of replacing the RBI governor, the new government would do well to allow him the flexibility and freedom to keep a close watch on  inflation so that any future reform measures do not lead to serious inflationary consequences.
Rajan knows this only too well, as he demonstrated last week when he said the government could fire him if it wanted but it was he as RBI governor who would set interest rates. A smart government will know that in this situation Rajan is one of the men the economy will depend on the most. Forget firing him, the government will need him for fire fighting. There are quite a few fires still to be fought."
M G Warrier

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