In exercise of the powers conferred by clause (a) of sub-sectin (10 read with sub-section (4) of section 8 of the Reserve Bank of India Act, 1934, the Central Government hereby re-appoints Dr.K.C.Chakraborty (DoB: 27.06.1952), as Deputy Governor, Reserve Bank of India for a further period of three months beyond 14th June 2012 or until further orders, whichever is earlier.
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1 comment:
K C Chakrabarty is the latest victim or beneficiary (depending on how you look at it!) of the impaired decision-making apparatus of UPA-II. In the recent past, we have been observing delay in filling of top positions in government and statutory/government-owned organisations. Often, procedures are rushed through and the aspirants who are kept on tenterhooks till the eleventh hour become functionally ineffective at least for the initial few months. In the instant case, giving a straight extension of two years or leaving the post vacant till a final decision on the incumbent is taken could have avoided the speculations that are bound to follow now.
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