We saw it with Udta Punjab. We saw it with the Gulberg
verdict and now Raghuram Rajan, the Reserve Bank of India (RBI) governor
unwilling for a second term says it all. Politicians call the shots and
even the mightiest of lawmakers give in to their decisions.
On one hand, former union home minister P Chidambaram expresses his resentment at the way Rajan has been treated. On the other hand, the Bharatiya Janata Party (BJP) strongmen slowly and steadily create a situation whereby Rajan is left with no option other than looking beyond the RBI, post the completion of his tenure.
When the ever vociferous Subramanian Swamy, a BJP Rajya Sabha MP launches a tirade against Rajan over the latter’s failure to curb inflation, Swamy’s party mates (read Narendra Modi and Arun Jaitly) play a hide and seek game with the media. Their final opinion remains as elusive as Amitabh Bachchan’s love for Rekha.
Finally, the people in the corridors of power have the last laugh. Rajan says in not as many words that enough is enough. And once again a bureaucrat (if one can call him so) throws his hands in despair before power.
It was interesting to note how union finance minister Jaitley reacted to Rajan’s decision. And if Modi, the reverent PM decides to break his silence on critical issues as grave as the RBI governor looking beyond a second term, headlines will be grabbed. “Dr Raghuram Rajan has announced his intention to go back to academics at the end of his current assignment. The government appreciates the good work done by him and respects his decision,” says the FM in a Facebook post. Interestingly, he shows no inclination towards asking Rajan to renege on his decision.
Why should Jaitley? After all, he stands to benefit from the luxury of enjoying a coveted post that makes him his party’s trouble-shooter.
Time and again, political leaders with their way of handling situations have made their intentions clear. Elected directly or indirectly by the people, they continue to hold sway over the electorates. If mass exodus from Uttar Pradesh’s Kairana is lapped up by the BJP president Amit Shah to make political capital, Rajan’s discomfiture with the current regime is one more example of political might scoring over truth that’s thrown into oblivion.
Once in power, you have the final say. And political compulsions have no alternative. The government is not run by the servants of the nation, but by greedy politicians for whom power means all.
On one hand, former union home minister P Chidambaram expresses his resentment at the way Rajan has been treated. On the other hand, the Bharatiya Janata Party (BJP) strongmen slowly and steadily create a situation whereby Rajan is left with no option other than looking beyond the RBI, post the completion of his tenure.
When the ever vociferous Subramanian Swamy, a BJP Rajya Sabha MP launches a tirade against Rajan over the latter’s failure to curb inflation, Swamy’s party mates (read Narendra Modi and Arun Jaitly) play a hide and seek game with the media. Their final opinion remains as elusive as Amitabh Bachchan’s love for Rekha.
Finally, the people in the corridors of power have the last laugh. Rajan says in not as many words that enough is enough. And once again a bureaucrat (if one can call him so) throws his hands in despair before power.
It was interesting to note how union finance minister Jaitley reacted to Rajan’s decision. And if Modi, the reverent PM decides to break his silence on critical issues as grave as the RBI governor looking beyond a second term, headlines will be grabbed. “Dr Raghuram Rajan has announced his intention to go back to academics at the end of his current assignment. The government appreciates the good work done by him and respects his decision,” says the FM in a Facebook post. Interestingly, he shows no inclination towards asking Rajan to renege on his decision.
Why should Jaitley? After all, he stands to benefit from the luxury of enjoying a coveted post that makes him his party’s trouble-shooter.
Time and again, political leaders with their way of handling situations have made their intentions clear. Elected directly or indirectly by the people, they continue to hold sway over the electorates. If mass exodus from Uttar Pradesh’s Kairana is lapped up by the BJP president Amit Shah to make political capital, Rajan’s discomfiture with the current regime is one more example of political might scoring over truth that’s thrown into oblivion.
Once in power, you have the final say. And political compulsions have no alternative. The government is not run by the servants of the nation, but by greedy politicians for whom power means all.
Poor Rajan! He has been coerced into giving up for transgressing
boundaries. He shouldn’t have spoken up on intolerance and instead he
should have said yes to anything that massaged the ego of his bosses. It
was the earlier United Progressive Alliance (UPA) government that
brought him back from Chicago. Once the National Democratic Alliance
(NDA) took charge in New Delhi, Rajan should have read the writings on
the wall. Change with time and circumstances. Then only will you be in
the good books of the rulers.
And once again Bharat Mata ki Jai!!
And once again Bharat Mata ki Jai!!
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