ETMarkets.com readers' survey: India wants Rajan 2.0 for the RBI
Readers’ survey by ETMarkets.com shows RBI governor Raghuram Rajan getting overwhelming support and applause for his stewardship of the RBI.
May 17, 2016, 11.30 AM IST
He has been attacked and criticized for being insensitive to the concerns of borrowers and the state of economy. The government has not yet recommended a renewal of his term and last week firebrand BJP MP Subramanian Swamy said he should be sent back to Chicago. But a readers’ survey by ETMarkets.com shows RBI governor Raghuram Rajan getting overwhelming support and applause for his stewardship of the RBI. Out of a poll of 9,168 readers, 69% gave him a perfect 10; while a thumping 87% said they will like him to continue as the governor. From safeguarding the central bank’s autonomy in the face of political pressure to being brave enough to act on the NPA issue, Rajan’s take-noprisoners attitude has managed to win the hearts and minds of India. This September his term will come to an end. Politicians and North Block may yet be silent on this, ETMarkets. com readers are clear. They want a Rajan 2.0.