RBI Governor Subbarao still has 15 months to go

.....The Reserve Bank of India (RBI)  Governor, poor man, is not half as lucky. Subbarao has another 15 months to go before his term comes to an end in September 2013. So, he will have to soldier on even as problems on the economic front become more intractable and the government, in the run up to the next general elections, becomes more irresponsible on the fiscal front. Unlike Pranab da who only has to bide his time, 'apres moi, le deluge' (after me, the deluge), the  Governor will have to face the consequences of whatever he does today..........

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