RBI GOVER­NOR IN WAIT­ING

India Today - - GLASS HOUSE -

Raghu­ram Ra­jan, pro­fes­sor at Chicago’s Booth School of Busi­ness and a for­mer chief econ­o­mist at IMF, hopes the po­si­tion of chief eco­nomic ad­viser will be a step­ping stone to greater things. He had turned down the Gov­ern­ment’s ef­forts to rope him in as deputy gover­nor of RBI. He wanted to be RBI gover­nor, but the Gov­ern­ment hinted that he would not be con­sid­ered for that job with­out a stint as ei­ther RBI deputy gover­nor or in the fi­nance min­istry. Ra­jan must now hope he will be luck­ier than pre­de­ces­sor Kaushik Basu who was de­nied an el­e­va­tion to RBI gover­nor at the last minute.

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RA­JAN

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