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Shaktikanta Das 2.0: Lifting the skills of RBI staff to be the real legacy

Making RBI's professional skills comparable to the best in the world will not be easy because those who have to be supervised the most - the PSBs - are owned by the govt, which also owns the RBI

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T C A Srinivasa-Raghavan
It’s not often that Reserve Bank of India (RBI) governors are reappointed for two terms. But when they are, it means just one thing: they get along perfectly with the finance minister.
 
In the past 20 years, Bimal Jalan (1997-2000) and D Subbarao (2008-13) have been appointed for a second term. Now we have a third, the incumbent Shaktikanta Das. It’s a wise decision because whatever the prejudiced may say about him, he understands what the job requires: work in tandem with the government, not in confrontation with it.
 
The professional economists who were appointed to the post
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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First Published: Oct 29 2021 | 4:03 PM IST

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