Indian News Service 2013-09-04 08:28:00
RAGURAM RAJAN TO TAKE OVER AS RBI GOVERNOR TODAY.
Mr.Raghuram Rajan,will be taking over as Governor of Reserve Bank of India today. We wish him the best in steering the economy to good shape.He has an international exposure and is young which is his advantage.
Mr.Raguram is taking over as RBI Governor at a critical stage when the economy is not doing well in all the fronts.Further, the elections
are just few months away and the government will
be tempted to introduce farm loan waiver which will
be a true vote catcher. This may be his first challenge.He is rated as an enterprising economist and has followed the
global economy for long time.
We are confident that he may draw inspiration from Alan Greenspan & Ben Bernanke who were also trained economists, and guide the country for better days ahead.