Enjoyed Every Minute As RBI Governor Says Rajan
MUMBAI: Raghuram Rajan on Tuesday described his three-year tenure at the Reserve Bank as “fantastic”, adding that he “loved every minute” at the Mint Street. The much admired former International Monetary Fund chief economist is due to step down on September 4 to return to academia in the United States.
“At the end of the day, if you have felt you have made useful contribution…from that perspective, it’s been a fantastic job… I have enjoyed every minute of it,” Dr Rajan said today.The 53-year-old economist, who has been criticized by BJP parliamentarian Subramanian Swamy and a compact group of critics for refusing to drop interest rates to stimulate growth, said he had nothing to say to his opponents.
“Critics are there all the time, but there are people sitting at the back of the plane, who send me anonymous messages that you are doing a good job.”Dr Rajan said that he hoped that he managed to “move the needle a little bit forward”, which gave him a sense of satisfaction.”I hope that there has been some value added,” he said about his tenure.
Dr Rajan had in June said a no to a second term as RBI chief. The government has still to pick a successor.
