Wednesday, November 13, 2013

Why shift public debt management from RBI to GoI? - M.G.Warrier

..........If the finance minister (FM) is able to exert sufficient pressure fast enough, to be more specific, before Dr Raghuram Rajan, governor of the Reserve Bank of India (RBI), is able to comprehend the history and context of public debt management in India, one will not be surprised to find the present team in RBI managing public debt getting government of India (GoI) label and getting rechristened as DMO, which is part of the finance ministry...........

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