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Thursday, Oct 21, 2021
Outlook.com

Fit For A Fresh Start

Never before has a kerfuffle been raised over a central banker. What makes Rajan different?

Fit For A Fresh Start
Sretching Out | Photograph by Hindustan Times
Fit For A Fresh Start
outlookindia.com
2016-05-31T18:14:26+05:30

Who’s Batting For Raghu And Who’s Not

  • Narendra Modi
    PM has not openly spoken about Rajan, but after the initial cold vibes, signals suggest a certain comfort level with the top banker
  • Arun Jaitley
    Has sparred with Rajan on interest rates, and talks of a “mature relationship” but repeated speculation about Rajan’s future indicates discord
  • BJP-RSS
    Sections do not like Rajan’s political statements, but there is clarity that perception management about the economy rests with Rajan—not Jaitley
  • Subramanian Swamy
    Has made no bones about wanting Jaitley’s job, and is leading an RSS drive to remove Rajan on the grounds that he has stymied economic growth.
  • India Inc
    Big guns like Adi Godrej and Uday Kotak have come out in support of Rajan, an indication of his global heft, but it’s no secret over-leveraged firms have...
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