The relationship between the board and the Governor is not comparable to a managing director in a corporate. It is, thus, wrong to compare a corporate board to the RBI’s and suggest that the Governor is subservient to it.
The Indian economy is headed for a serious crisis. However, the situation today is still retrievable. We can no more be satisfied with 7-9% growth rate if we want to become an economically developed country by 2040.
India is home to 14 of the world’s 20 most polluted cities. To win the battle against air pollution, India needs a comprehensive action plan for the whole year and not just Diwali.
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