Across the aisle: Another institution is falling | Opinion News, The Indian Express

Across the aisle: Another institution is falling | Opinion News, The Indian Express

Written by P Chidambaram |Updated: November 25, 2018 1:00:12 am

P Chidambaram is former Finance minister of India.

Across the aisle: Another institution is falling

I am in favour of some tension between the government and the Governor. However, I strongly disapprove of government-appointed directors deciding issues that fall within the jurisdiction of the central bank/Governor.

The main objective of a central bank is to secure monetary stability. (Representational photo)