The comparison among Governors’ is meaningless as the performance is linked to the political climate and support in the Governance system, sound economic policies and conducive external sector environment. All these are found missing during the last five years when Dr Subbarao took over in the year 2008.The present RBI Governor's period is something unique in the history of RBI...................
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1 comment:
I fully concur with the comments of Dr.Gopalakrishnan. The tenure of Dr.Subbarao has been tumultuous right from the time he took over the reins both globally and internally. GOI's attitude especially in the fiscal front has not been monetary policy friendly. In such a climate, it is grossly unfair to single out Dr/Subbarao for uncharitable comments. In fact he handled and continued to handle the situation in the best possible manner. Srinivasan, Cochin
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