tag:blogger.com,1999:blog-3339821117106681620.post6192877300855595233..comments2024-03-27T12:04:15.818+05:30Comments on Manu Rishi Guptha: Goodbye Dr. Raghuram RajanManu Rishi Gupthahttp://www.blogger.com/profile/16628261943554617736noreply@blogger.comBlogger18125tag:blogger.com,1999:blog-3339821117106681620.post-12950971419209346022016-08-19T17:34:58.889+05:302016-08-19T17:34:58.889+05:30Manuji I beg to defer from you.rajan is very smart...Manuji I beg to defer from you.rajan is very smart but we have smarter people.india is abundant of talent.if rajan goes subir or urjit will do still a decent job.he killed the industry by not cutting the interestrate.assume manuji you are doing well but that should not allow you to talk wrong about your boss.incidentally the boss allowed rajan to do whatever he wanted.the boss has just taken charge allow him to settle.afrerall HE IS THE BOSS.Vmganapathynoreply@blogger.comtag:blogger.com,1999:blog-3339821117106681620.post-16456946971322629382016-06-25T12:39:13.440+05:302016-06-25T12:39:13.440+05:30Well, at least Manu's blog has set people thin...Well, at least Manu's blog has set people thinking deeper into the subject and lots of good conversations have come out as pro's and con's of this event. Nevertheless, it remains to be seen that how far can dictatorial behaviour be carried under the garb of dynamism and growth. Needless to mention that the lessons learnt from past should not be forgotten so soon. Power corrupts, absolute power corrupts absolutely. Wishing well for the country and the Manager, I wish good sense to prevail.Rajeev Sharadhttps://www.blogger.com/profile/04315446947167075931noreply@blogger.comtag:blogger.com,1999:blog-3339821117106681620.post-67106902998216711322016-06-22T20:16:41.387+05:302016-06-22T20:16:41.387+05:30clean majority, did you say ? Some 37% is clean ma...clean majority, did you say ? Some 37% is clean majority ?Gopalhttps://www.blogger.com/profile/02386598132650758838noreply@blogger.comtag:blogger.com,1999:blog-3339821117106681620.post-6733870993401436512016-06-21T23:19:28.755+05:302016-06-21T23:19:28.755+05:30It's too much to assume that Rajan did not kno...It's too much to assume that Rajan did not know his politics or had no time for it. Apart from being a good economist he is an equally smart PR guy and managed to keep himself in news in all the three years. If he has to be the next IMF Chief, he had to leave while the going was good - and that is what he did. We have always had conservative Governors and good Governors, Rajan was one of them. I thought YV Reddy did a fabulous job of keeping India out of crisis when the whole world felt the impact of subprime loans crisis. In fact one cannot recall a single Governor in the past 25 years who was not good and up to the mark - same as in case of all the Chief Election Commissioners subsequent to T.N. Seshan.<br /><br />With all our faults, India respects regulatory bodies and does not tinker with their independence - be it RBI, SEBI or the Election Commission. I have no reason to believe that the next person would toe the government line. The position itself bestows authority and independence (remember Giani Zail Singh in a different context). <br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3339821117106681620.post-83994084793881033362016-06-21T22:49:24.973+05:302016-06-21T22:49:24.973+05:30There are many Rajans in India. Why such a hue and...There are many Rajans in India. Why such a hue and cry? Do we expect India bankrupt after his departure?<br />No way ! Do you expect share market crash on Rajn's exit.Never. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3339821117106681620.post-9242985810582587832016-06-21T19:30:36.253+05:302016-06-21T19:30:36.253+05:30In Modi's land of the blind (cheerleaders with...In Modi's land of the blind (cheerleaders with zero credibility) a person with even half credibility is treated as person having a disease that needs to be cured (I.e. turn into a full cheerleader)<br /><br />No wonder Rajan chose to runaway just like the protagonist of HG Well's novelMarshttps://www.blogger.com/profile/04239781610286869336noreply@blogger.comtag:blogger.com,1999:blog-3339821117106681620.post-28786716817248231952016-06-21T18:07:22.355+05:302016-06-21T18:07:22.355+05:30It is interesting that the few folks I know abroad...It is interesting that the few folks I know abroad seem to think that India has changed so drastically with the onset of this government, without really experiencing daily realities here. Farmer suicides? Farmer who? Who cares anyway when our image is shining!<br /><br />Manu, it is nice to read writings by someone who can write well and with a sense of humour. Do keep the creative blogging juices flowing..bkhttps://www.blogger.com/profile/13666991479320101371noreply@blogger.comtag:blogger.com,1999:blog-3339821117106681620.post-10095225013695419292016-06-21T18:03:27.342+05:302016-06-21T18:03:27.342+05:30A matured modern nation is one where no one is con...A matured modern nation is one where no one is considered indispensable. India is fast becoming one such nation and Rajan is just another individual who had his time........... Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3339821117106681620.post-79353865722232270132016-06-21T15:24:56.344+05:302016-06-21T15:24:56.344+05:30Monetary policy is a tricky subject and Rajan was ...Monetary policy is a tricky subject and Rajan was probably right in his analysis of rate cut vis-a-vis inflation. Govt could have handled his exit better than unleashing Swamy on him. Not good politics.Anonymoushttps://www.blogger.com/profile/10117234883618288538noreply@blogger.comtag:blogger.com,1999:blog-3339821117106681620.post-78932961302118437812016-06-20T18:43:51.566+05:302016-06-20T18:43:51.566+05:30I can just comment that Kauravs had best of the be...I can just comment that Kauravs had best of the best with them in the war, masters who were the most experienced and the best in their respective feilds but Krishna made the difference.Not comparing Modi with Krishna but atlest he has the vision and trying to do something, as living overseas since 1997 I can see the change in the image of India since the new PM took charge. This is the best that could happen and it happened in the right time.For India to progress we needed a leader with vision and we have to give PM at least 5 years before we give the judgement. <br />Andynoreply@blogger.comtag:blogger.com,1999:blog-3339821117106681620.post-47302690330447390972016-06-20T16:07:10.869+05:302016-06-20T16:07:10.869+05:30Its high time that we keep politics away from issu...Its high time that we keep politics away from issues like economy, defence, education etc. RR no doubt is the most competent person. His successor will no doubt be from the political camp. BhanuAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3339821117106681620.post-57839682699079566492016-06-20T09:54:41.112+05:302016-06-20T09:54:41.112+05:30Boss He had the guts to say what he wanted to say....Boss He had the guts to say what he wanted to say. Even after so much of provocation the way he reacted to SS's allegations is a lesson to learn.Unknownhttps://www.blogger.com/profile/10141308486197166241noreply@blogger.comtag:blogger.com,1999:blog-3339821117106681620.post-22078319363979183722016-06-20T09:46:44.899+05:302016-06-20T09:46:44.899+05:30Hi may I write few comments... If I just agree wit...Hi may I write few comments... If I just agree with you like everyone else, I guess it wouldn't lead to a meaningful discussion which is the objective of the piece you have written <br />1. The boss is not uneducated and definitely not self consumed & delusional- no body now needs a proof of that considering where India has moved in just two years.<br />2. To write "1000 times intelligent " is nothing but a loose statement. The fact that Guv could execute what and how he wanted to - do you think it was possible without the blessings of this less intelligent boss ? RBI is not judiciary that has to be independent of the government. <br />3. Just because the guy is an expert in a singular domain (which is also influenced by western methods) not necessarily means that he is also an expert in running a state. <br />4. Why is there a fuss when the Guv is leaving? His term is coming to an end, it is not that he has been sacked..he has not been given extension but then that is not something unknown as a decision that many governments take when contemplating the successor for important offices. <br />5. It's premature to start ranting - the government has been chosen by the people of India, they have got clean majority which means they have the nations trust and confidence- give them time at least till the end of their term if not more. Gaurav Arorahttps://www.blogger.com/profile/16297574731376027174noreply@blogger.comtag:blogger.com,1999:blog-3339821117106681620.post-41273240397386439002016-06-20T09:30:08.837+05:302016-06-20T09:30:08.837+05:30It will have a short term impact on 1.2 billion p...It will have a short term impact on 1.2 billion population. ....evil and corruption continue to rule the country...I only hope the growth path will remain intact.....leaving alone 10 pc number....cheers Satyshttps://www.blogger.com/profile/06169368079235391806noreply@blogger.comtag:blogger.com,1999:blog-3339821117106681620.post-2600483751157347882016-06-20T08:30:29.371+05:302016-06-20T08:30:29.371+05:30I guess we will now get yet another cheerleader li...I guess we will now get yet another cheerleader like we have at the censors board and other institutions. I am surprised that Rajan was even allowed to complete the full term. <br />Anyway, hope there is due diligence carried out in selecting the next Guv, the country needs real talent at this time and not a spin master Marlonnoreply@blogger.comtag:blogger.com,1999:blog-3339821117106681620.post-1026743828750862842016-06-20T05:41:36.645+05:302016-06-20T05:41:36.645+05:30Thank you for this piece Manu. India's loss wo...Thank you for this piece Manu. India's loss would be someone's gain. But I feel people like Raghuram should stand their ground especially when they see a crisis around the corner. After all it's India we are speaking about and not Modi's back yard.Padmahttps://www.blogger.com/profile/02416463368318060448noreply@blogger.comtag:blogger.com,1999:blog-3339821117106681620.post-48561518263406391032016-06-20T04:18:32.738+05:302016-06-20T04:18:32.738+05:30Wonder if this piece will attract the wrath of the...Wonder if this piece will attract the wrath of the " nationalist " . Now that another" anti national " is out of the way, the decks are cleared for boss to take a "closer"look at the economy! Manu Rishi Guptha has demonstrated very well the malaise afflicting this country ! Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3339821117106681620.post-58772058617447322932016-06-19T23:39:04.727+05:302016-06-19T23:39:04.727+05:30So much for meritocracy!!!! So much expectation fr...So much for meritocracy!!!! So much expectation from the new government but hence proven that it's old wine in a new bottle. Maybe If Chetan Chauhan had waited, he could have been the next boss of RBI - after all he has banking experience. And he also has opening experience- oops, that's opening in cricket and not account openingAnonymousnoreply@blogger.com