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Old May 27th, 2016, 12:57 PM
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Re: Raghuram Rajan - India's hope to the financial crisis?

Finally PM's response -
Asked in an interview with The Wall Street Journal whether he supported the reappointment of Mr. Rajan as governor, Mr. Modi said: I dont think this administrative subject can be an issue for the media. And that issue is only in September, not now.
http://blogs.wsj.com/indiarealtime/2...aghuram-rajan/
You need a log in to access the full interview. Kallu Pai has that.

Key is that RBI is not a one man body. While allegations of Illustrious Dr Swamy (not our equally illustrious Monitor Swami) sound over the top, no one is indispensable. There could be enough learned economists to succeed him.
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This is quite a game, politics. There are no permanent enemies, and no permanent friends,only permanent interests. - Some Firang
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