Report card on RBI

Report card on RBI: It’s done well in the circumstances...



A balanced view
A precise, balanced view. As PM Modi said, who becomes RBI Governor need not be an issue for media debate. Media and analysts have a right to comment on continuity at the top in public sector organisations, selection process and on performance of institutions, though. All are not 'Swamys' to suggest 'sacking' and to 'nominate' substitutes. If GOI is able to find a better Governor for RBI from September 2016, we should be happy. But, this time, Govt need to be merciful to make the appointment for a 'full term' of 5 years. Expediency should not end up in stop-gap arrangements.
M G Warrier

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