Curiouser and curiouser

The government has just issued advertisements to appoint a chairman and managing director for the India Infrastructure Finance Company, but the process is already facing criticism. The eligibility norms mandate 25 years of experience for those in the government, while private sector executives interested in applying for the job require 20 years of experience.

Besides, many are wondering why the government decided to allow those who will turn 62 by April to apply. In the past, the government has rejected at least one proposal to appoint the head of a financial institution as the candidate had just retired as the chairman and managing director of a large public sector bank.