The Reserve Bank of India is not a free agent. It never has been, nor should it ever be.
Let's take a look at the history of one of the most iconic brands in the world.
'The time has come to incorporate Indian sociology into economic policy.' 'The first step in that direction would be to listen to economists trained in India and not just the US and the UK, argues T C A Srinivasa-Raghavan.
Erstwhile RBI governors, including Raghuram Rajan never had cordial relations with the government.
It seems to be a Tom Hanks and Cate Blanchett show all the way!
A quick look at the Oscar 2016 nominations.
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