Remember how A Ghose resigned within 20 days after his appointment (Feb 4, 85) after differences with
Rajiv Gandhi Government.
M Narasimham (May 02, 1977 Nov 30, 77) had resigned after being for just 6 months in office as RBI Gov. Before Narsimhan,
NC Sen Gupta (May 19,75 to Aug 19,75) tendered his resignation as RBI Gov after 3 months.
Even venerable Dr Man Mohan Singh didn't complete his 3 yr term as the then Prime Minister Rajiv Gandhi had removed him on January 14, 1985. Amitav Ghosh took his place only up to within 20 days before RN Malhotra took over.
Dr Manmohan Singh as the then Finance Minister in Narasimha Rao Govt had removed S Venkitaramnan as RBI Governor. Venkitaramnan an ex IAS had to go in 1 yr only as MMS wanted C Rangarajan as RBIGovernor
So the keyboard & whatsapp economists and experts, don't talk without data & research.
So much happened over the years! But, why Modi and his government are criticized now, as if the Institution (s) are losing their "autonomy" now only.
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