Why getting Raghuram Rajan as PM’s adviser makes no sense

......The wisdom of appointing a man of Rajan’s stature to enhance and influence the government’s economic policymaking is, however, open to question. Not because he doesn’t have ideas to contribute – he does – but because the government is not exactly lacking in ideas to fix the economy. The government’s all-star economic team – from Manmohan Singh himself to Montek Singh Ahluwalia to C Rangarajan to Kaushik Basu to RBI Governor Duvvuri Subbarao – have between themselves analysed the economy threadbare, and can comfortably agree on the broad contours of policy action needed.......

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