...........What is the difference between a doer and an advisor? Take a look at Raghuram Rajan and you will know what precisely differentiates the two. In about a year that Rajan functioned as chief economic advisor or CEA in the finance ministry, he looked a man with good intentions, but showed little firepower to make a difference. However, Rajan looks a different man now after taking charge as Reserve Bank of India (RBI) Governor last Wednesday, taking actions where necessary without mincing words.............
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1 comment:
Only the time will tell that HE could tame the IAS in FM. see AIS allowed to spend huge foreign currency for their family medical attendance in present CAD and bad government finances.
Autonomy in RBI is to be taken on sword like the great Nepolian. Only the time will tell this to the nation.
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