30 November, 2020

Raghuram Rajan

I feel I should be in the US now, with the government not functioning, no one getting paid and so on there...

Illustration by Sorit
Raghuram Rajan
outlookindia.com
-0001-11-30T00:00:00+05:53

I feel I should be in the US now, with the government not functioning, no one getting paid and so on there. Would have given be some much-needed rest. Life as the RBI governor is hard. Everyone wants to see me, have a chat, give me advice. Nothing can move without my signature on forms which are presented in triplicate. Already, I detect signs of hostility. One of the RBI panels on development ranked Gujarat as less developed. Since then I have been flooded with hate mail questioning my ability to judge development. Some of them are even nasty: ‘Just you wait, you World Bank moron...wait till NaMo gets you.’ You get the sense.

Still, there are compensations, everyone wants to entertain me, wants me to visit their homes, inaugurate this and that. By the way, what is ‘garba’ and why should I wear the traditional ‘kediyo’? I also get the most bizarre media write-ups, calling me the ‘JFK of Finance’ (JFK was a disaster in his economic policies), Reserve ‘Bankman’ and so on. Sometimes flattering, but most times...

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