Rejected by Modi but headed for Nobel Prize

[MagicMarker]

That is not true. Rajan has mentioned categorically that he wasn't offered an extension. He wouldn't have agreed to demonetization, so Modi needed a yes man. Plus, Rajan's main focus was on cleaning up the NPA crisis, it might have ruffled some feathers too who knows.

Rajan was the guy who raised the Lending rates to "control" inflation and sat pretty while the RBI allowed the state banks to create these NPA by catering to CONgress pressure.

Him agreeing or disagree would have played no role in the Demo.

 

[jaunty]

Rajan was the guy who raised the Lending rates to "control" inflation and sat pretty while the RBI allowed the state banks to create these NPA by catering to CONgress pressure.

You do realize that Rajan was RBI governor for a grand total of 8 months during UPA? Although I do admit that I expect you to be more knowledgeable than Rajan when it comes to Economics. Hard work over Harvard and all that!

Him agreeing or disagree would have played no role in the Demo.

Sure. RBI had no role, except that the recommendations for demonetization had to come from the RBI first and the govt did ask Rajan about it and he opposed it.

 

[Chhatrapati]

Why people Keep replying to this falseflag Beedee..

The last time, when I saw him commenting, he was calling out the saffron color in an Air force Drogue parachute and calling it Sanghi propaganda, he do not even know there is saffron in Indian flag. @Śakra Just ignore him. Just laugh at the obsession of the guy.

 

[randomradio]

That is not true. Rajan has mentioned categorically that he wasn't offered an extension. He wouldn't have agreed to demonetization, so Modi needed a yes man. Plus, Rajan's main focus was on cleaning up the NPA crisis, it might have ruffled some feathers too who knows.

Possible. But then, the govt has no control over Patel either.

Demonetization was pretty much a success anyway.
http://www.hindustantimes.com/busin...or-clean-up/story-vCwBVDXvax3K2hXmKXLEsO.html

Demonetization was never about the cash itself.

I would recommend reading this article.
https://swarajyamag.com/economy/on-...-numbers-speak-rather-than-op-eds-and-experts

Rajan was the guy who raised the Lending rates to "control" inflation and sat pretty while the RBI allowed the state banks to create these NPA by catering to CONgress pressure.

Him agreeing or disagree would have played no role in the Demo.

The NPAs are from the financial crisis. Rajan did a pretty good job.

 

[Hindustani78]

The only person I've ever seen make those stupid white text on black backgrounds graphics is you and now you linked us to a twitter account that does the exact same. You DOXXED yourself manav jivan

@Nilgiri @pothead @Shakuni & Ravan @ashok mourya @doe33 @SOUTHie @Hindustani78


And FYI "Nobel prize in Economics" isn't a real Nobel Prize.

You doesnt understand foreign policy and you think in terms of racial card and thats why Indian nation will have thier reservations. Whatever groups you have made all those groups will be knocked down within minutes. Stop harbouring proxy agents who are going against religion and making this world hell hole.

by the way who have hired you and you are working for whom ? 157 countries are along with Republic of India and you doesnt seems to be from those countries.

Aung San Suu Kyi, the de facto leader of Myanmar and a Nobel Peace Prize laureate, has been conspicuously silent on the systematic ethnic cleansing of Rohingya in Myanmar. So does Noble peace prize is having any merit now ?

 

[ito]

Let us face it...Modi's biggest blunder was demonetization. And Rajan would not have agreed for that, so Modi brought in Patel.

As on Rajan, I am not sure he would get the Nobel Prize. Stewart Myers or Jensen are better candidates. By the way, Rajan was the guest when I was matriculating from my university. I did talk with him, but never though he was a rock star in the world of finance. This was all before he was to become India's RBI governor.

 

[wiseone2]

Manav Ji,
Can RR Rajan Sir explain why he gave 10000 crores to mallya?

How does a RBI governor give loans ??

 

[pothead]

How does a RBI governor give loans ??

by not questioning the govt issuing repeated loans to these companies.

After all Rajan was the RBI governor. He had the numbers. He could see the loot.
And it's not like he was not vocal. He had a lot of things to say with Modi at the helm but strangely kept quiet when his boss was Manmohan Singh.

Silence sometimes is worse than complicity.
Either Rajan is complicit or worse....

 

[wiseone2]

by not questioning the govt issuing repeated loans to these companies.

After all Rajan was the RBI governor. He had the numbers. He could see the loot.
And it's not like he was not vocal. He had a lot of things to say with Modi at the helm but strangely kept quiet when his boss was Manmohan Singh.

Silence sometimes is worse than complicity.
Either Rajan is complicit or worse....

your whole problem is state owned banks. privatize them. you won't have any such questions

 

[pothead]

your whole problem is state owned banks. privatize them. you won't have any such questions

Sure, that still does not absolve MMS & Rajan duo of the NPA scam they are part of.

 

[randomradio]

by not questioning the govt issuing repeated loans to these companies.

After all Rajan was the RBI governor. He had the numbers. He could see the loot.
And it's not like he was not vocal. He had a lot of things to say with Modi at the helm but strangely kept quiet when his boss was Manmohan Singh.

Silence sometimes is worse than complicity.
Either Rajan is complicit or worse....

At the time, the govt tried to save his company. Who expected him to take a lot of money and run away?

 

[pothead]

At the time, the govt tried to save his company. Who expected him to take a lot of money and run away?

What business does govt have to save a private company?
it is illegal.

 

[ito]

by not questioning the govt issuing repeated loans to these companies.

After all Rajan was the RBI governor. He had the numbers. He could see the loot.
And it's not like he was not vocal. He had a lot of things to say with Modi at the helm but strangely kept quiet when his boss was Manmohan Singh.

Silence sometimes is worse than complicity.
Either Rajan is complicit or worse....

RBI is not concerned with the loans given by the Individual banks. It is not in RBI jurisdiction to question whom individual banks give loans too. RBI main function is to set monetary policy, CRR, controlling inflation and setting interest rates. And Rajan will make 1000 times better RBI governor than Patel.

 

[Joe Shearer]

@wiseone2
@randomradio

Are you seriously trying to get a certified bhakt to make sense?

 

[pothead]

RBI is not concerned with the loans given by the Individual banks. It is not in RBI jurisdiction to question whom individual banks give loans too. RBI main function is to set monetary policy, CRR, controlling inflation and setting interest rates. And Rajan will make 1000 times better RBI governor than Patel.

It's not the RBI concern to talk about intolerance or politics.
Yet, it happened.

So....