Inside story of Mint Road

With reference to Debashis Basu’s “Tales from Mint Road” (July 25), the writer seems to be solely “batting” for former Reserve Bank of India (RBI) Deputy Governor K C Chakraborty. He also goes on to question the rationale behind the “injustice” being done to Chakraborty in 2010 by Duvvuri Subbarao, the then Governor of RBI, by taking away some key portfolios from him. The writer appears to be highly peeved as the former deputy governor was left to contend with a few so-called insignificant departments such as customer services, information technology and inspection.

But, interestingly, the buck does not stop here as the writer also takes strong exception to Subbarao going out of the way to seek an extension for Usha Thorat, another deputy governor at the central bank, just two months after shabbily treating Chakraborty, perhaps his (writer’s) favourite. While one does not know the inside story behind the writer so vehemently taking up the cause of the former deputy governor, the resultant “pain and agony” tentatively suffered by both may be very well understood.

However, a moot question arises: Why the author has remained tight-lipped till date? One also wishes that he could list the real “reasons” behind Chakraborty’s sudden resignation in March 2014, just three months before his term was to end officially, more so when he had actually got back much more (in 2012) than what he had to “surrender” in 2010 at the behest of Subbarao? Are you listening please, Mr Basu?

Kumar Gupt Panchkula