By giving important organisational positions to her brother and nephew, BSP chief Mayawati has put in place a succession plan. But she has mocked voters’ repeated expression of their dislike for and distrust in dynastic parties. It’s advantage BJP because opposition parties refuse to read the writing on the wall.
Viral Acharya’s exit is worrying. Govt must ensure RBI independence amid fears of fiscal slippage
RBI Deputy Governor Viral Acharya’s resignation, within six months of Governor Urjit Patel’s exit, once again raises the question of the central bank’s autonomy. The government should ensure the financial and operational independence of the RBI, especially amid fears of a looming financial crisis and fiscal slippage in the Budget.