Despite the elaborate reports on former Economic Affairs Secretary Shaktikanta Das being appointed the new Reserve Bank of India Governor, one has only one question to ask: Is there such a paucity of financial experts in India or is the government merely in need of a yes man? It appears that the government has not learnt any lesson from results of the Assembly elections (Page 1, “Shaktikanta Das appointed RBI Governor” and Business page, “Sherpa scales the RBI summit”, both December 12).
M.S.K. Vel,
Chennai