Letters: A leaf out of corporate books

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Business Standard New Delhi
Last Updated : Mar 23 2014 | 11:18 PM IST
This refers to the report "K C Chakrabarty quits RBI three months before end of term" (March 21). The process of making high-level appointments in government banks and the Reserve Bank of India is time consuming. Going by the past, it will take at least three to four months to fill the vacancy. One of the deputy governor positions in the central bank has been vacant since January this year. In this case, the incumbent demitted office after completing an extended tenure. As such, the delay in filling the position is inexcusable. The real problem is that even after two decades of reform many of the practices in the government have not changed. It is high time the government overhauls the process of making such high-level appointments by adopting some of the practices followed by private sector corporations.
P B Mathur, Gurgaon

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First Published: Mar 23 2014 | 9:04 PM IST

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