VITALINFO: Raghuram Rajan, Nachiket Mor deserve better - LATH...
VITALINFO: Raghuram Rajan, Nachiket Mor deserve better - LATH...: I have so far resisted commenting on other journalists and their views but this once I am violating myself given rule. The myriad artic...
Online comments posted on August 26, 2014:
Online comments posted on August 26, 2014:
One wishes, things were as simple as this. But they are not.
When media discusses an issue, participants in the debate get freedom to choose
the layers they want to analyse. They can even decide the timing. This much is
obvious. Back in 1960’s when I was in RBI as a trainee, the class-room joke
was, in RBI a 10 paise coin will look down upon 5 paise and dictate terms. At
that time the reference was to the Clerk Grade I(who got an additional
allowance) bossing over Clerk Grade II. Perhaps, much has not changed inside
RBI even at the highest level even today. Though the practice of having majority
of the top 5 positions filled from outside has been working well, of late,
their dependence on their employer for survival and on the ‘experts’ inside for getting things done make
their life tough. Added to this are HR-related issues. The excellent leadership
provided by Dr Rajan has not gone down well with those who were under the
impression that ‘they’ were running the show. It is easy to divert from real
issues by raising personal issues. Mor and lateral induction are being used to
discredit Dr Rajan in this context.
M G Warrier
Comments