Wednesday, September 3, 2014

'Insiders' vs 'outsiders' at RBI - A.Seshan

.........External recruitment should be resorted to only, say, when expertise like knowledge of quantitative techniques in economics is not available within the RBI. Except for those in specialised departments like economic research, there is now common seniority for the staff that levels opportunities for promotion. The RBI should re-examine the question of common seniority for all so that the economic researcher or statistician or the legal expert can migrate to other departments if he or she is found unsuitable for promotion within the current department.

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