By Somali K Chakrabarti
The economy was in tatters, inflation was sky high
When, Raghuram Rajan was placed at the helm of the RBI
While the nation swooned on his charm
he had to prove his mettle, walking on a rope tight
challenges were aplenty; he put up a tough fight –
His actions bore the fruits – the situation is no longer fragile
Inflation has halved, reserves have swelled, and currency stabilized,
It was but natural that people were keen
that Rajan would hold his second term on the Mint Street,
for a time window in which the economy would completely heal
Yet as he bids goodbye, the send-off is left unexplained
People are upset, feeling the sting and pain
As a few in the power seats glee, and corner his credit
It seems that perhaps he refused to play the game
For the whims and fancies of some, merit loses yet once again
The exit of Raghuram Rajan as the RBI Governor has left people shocked.
Yu can find the article on ‘Why Rajan’s exit has people worrying’ on this link on Eonomics Times http://goo.gl/Y5B84m
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