The finance ministry has constituted a search committee to identify a successor for Reserve Bank of India (RBI) Deputy Governor Subir Gokarn, whose three-year term comes to an end on 23 November, according to two people familiar with the development..........
1 comment:
It is high time GOI thought of continuity and longer tenure at these levels in statutory organisations and PSUs. Though it may serve the purpose of making the incumbents ‘yours obediently’ to a regime which itself is struggling for existence, the practice of short-term postings and extensions or keeping top levels vacant do not augur well for mature thinking and balanced policy formulation at this stage of economic development.
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