..........In his new role, Rajan will be tested again and again. He will have to maintain his independence and deal with the Finance Ministry’s pressure even while working in tandem. He will have to spar with some of the key people with whom he has worked closely in the last one year as the Chief Economic Advisor to the Government. Incidentally, the last three Governors had all done stints in the Finance Ministry in various capacities before their appointment at Mint Street...........
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