The Vocation of RBI - Watching

I don't know how much we can credit Raghuram Rajan for being where he is (i.e. Governor of the RBI). He was who he was (i.e. Raghuram Rajan), but somebody needs to get some credit for ensuring that he is where he is, i.e. in the driver's seat at the RBI......maybe the much-maligned Manmohan Singh perhaps, who stood up to let us know that the “spirit of '91” was still alive!

This article was originally published on February 21, 2014.