Rajan must have felt hurt when he said, "I read these obituaries in the paper, I'm still alive. So don't write me off." Does this not indicate that Rajan was treated with unusual contempt by vested interests in a section of the media? After all, "paid news" can't be ruled out these days although the names of those benefiting from such practices need not be spelt out.
But in all fairness, it would be futile to look back and try to find out the real causes that prompted Rajan to step down. In any case, everything concerning his exit is in the public domain now.
In all this, the way in which the government and the Bharatiya Janata Party have rushed to "defend" Chief Economic Advisor Arvind Subramanian leads one to wonder if he might be chosen the next governor of the RBI. There is no smoke without fire. But let's wait and watch what happens.
Vinayak G, Bengaluru
Letters can be mailed, faxed or e-mailed to:
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201
E-mail: letters@bsmail.in
All letters must have a postal address and telephone number
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
