.........To his credit, the previous Governor D Subbarao, on more than one occasion, admitted that the RBI Governor is an unelected official, and he, therefore, needs to be subjected to accountability before he can make too many noises about autonomy. Rao wanted accountability before a select committee of Parliament; but having been a finance secretary in an earlier avatar, he never made a direct pitch to be treated outside the control of the finance minister. Having worked as a North Block mandarin for 12 months,#RRR, too, has hinted in the inaugural statement his role to serve an elected Government’s policies (the two question marks are mine):..........
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