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Economy

RBI vs Government: The fires have been doused, but the heat rages on

Updated : December 25, 2018 06:43 AM IST

Just when everyone thought tensions were beginning to subside, Urjit Patel resigned from his post on December 10, citing personal reasons.
Shaktikanta Das, who is a seasoned bureaucrat and a veteran of the Finance Ministry, is known to be an amiable person, in contrast to his rather reserved predecessor. His merits are many, but so are the challenges.
If the appointment of RSS thinker S Gurumurthy to the board of the RBI signaled the start of this battle, the resignation of Urjit Patel may not be the end, as many think it is.
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