Rajan regrets he didn't do what he could do for RBI retirees
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Expresses hope the government will do the ‘right thing’
Raghuram Rajan may not be RBI Governor any more but he might just have sown fresh hopes in the minds of Reserve Bank retirees that their long-pending demand for pension updation would get a fresh look-in.
The hopes stem from the former Governor’s expression of regret in his book, I do what I do, for his failure to do what he probably could, with respect to pension updation in the RBI.
The book "I do what I do" is a must read for anyone interested in understanding RBI's role or what Rajan has done to refocus India's central bank to perform it's mandated role better.
M G Warrier