Monday, November 30, 2020
Home Politics May 16: The hardworking Dr. Raghuram Rajan and the story of a gold import...

May 16: The hardworking Dr. Raghuram Rajan and the story of a gold import circular

You know who never takes a day off? The Indian Army. But even more than that, Dr. Raghuram Rajan. This nation and its one-eyed economy would be blind without him. Massive, massive respect for you sir!

This is an article of appreciation for the brilliant Dr. Raghuram Rajan. Here are just three reasons why he is so awesome.

Untitled1
Raghuram Rajan, former RBI governor

I’m in love. Anyway…

But why today? Well, because it is May 16. Except for the very young, most Indians would remember May 16 as the day the results of the 2014 General Election were announced. There were so many ‘firsts’ that day that it is probably impossible to remember them all.

For the first time in India’s history, a non-Congress government was voted into power with a full majority.

In fact, it was the first ever government to win a majority in the Lok Sabha since 1984!

This was the first time that the Congress Party won less than 100 seats in the Lok Sabha. In fact, they won so few seats that they could not even qualify for the post of Leader of the Opposition.

Indian democracy took a giant leap on May 16, 2014. By mid-2017, the Congress was ousted as the largest party in the Rajya Sabha, for the first time since independence. The Congress monopoly was finally over.

Now where does Dr. Raghuram Rajan figure in all this? Well, because I want to give you an example of what a real “karmayogi” is like. Most people wonder why he is so much better than all of us. Let me show you.

Suffice to say that when May 16, 2014 happened, most mere mortals like us were caught up in the moment. PM Modi was sworn into office on the evening on May 26. For so many of us, it was a ten day period of intense speculation and feverish excitement. A ten day break of sorts when we left our ordinary lives behind and thought of things much bigger than ourselves.

But real karmayogis like Dr. Raghuram Rajan don’t take such breaks. Like the great Arjuna, Dr. Rajan sees nothing except the eye of the bird. Outside of his ‘karma’ and his ‘lakshya,’ the world does not exist for him.

Untitled
RBI circular of 21 May 2014

On May 21, 2014, the RBI issued a circular that allowed certain “star trading houses” and “premier trading houses” to undertake certain business activities under the so-called 80:20 scheme.

Only a star like Dr. Raghuram Rajan could have such an eye for stars! When most mere mortals were wasting time watching political drama unfold on TV, Dr. Raghuram Rajan was hard at work. Doing his best for the Indian economy.

Now, you’ve heard of Gitanjali Gems and Mehul Choksi. Like so many messiahs and so many visionaries, Mehul Choksi is a misunderstood man. Any day now, I am guessing that some retired  judge who has joined Congress will tell a court that India has no case against poor Mr. Choksi. Then his critics will look real foolish.

But you know who is really really foolish? People who think they have stuff to teach Dr. Raghuram Rajan.

Untitled
2018 report on PNB scam

Look into Dr. Raghuram Rajan’s eyes. Just do it. Can you feel the hypnotizing effect of his supreme intelligence? Do these look like the eyes of a man who would miss out on spotting a threat?

It should be noted that the BJP government scrapped the 80:20 scheme in November 2014. And now the world has been hit by a pandemic. See what happens when we don’t listen to Dr. Raghuram Rajan?

You know who never takes a day off? The Indian Army. But even more than that, Dr. Raghuram Rajan. This nation and its one-eyed economy would be blind without him. Massive, massive respect for you sir!

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

Abhishek Banerjeehttps://dynastycrooks.wordpress.com/
Abhishek Banerjee is a math lover who may or may not be an Associate Professor at IISc Bangalore. He is the author of Operation Johar - A Love Story, a novel on the pain of left wing terror in Jharkhand, available on Amazon here.  

Related Articles

Trending now

What they never told you when they said India was the worst performing emerging economy

India’s economy contracted by 23.9%. For comparison, Brazil’s GDP contracted by 11.9% and Russia’s GDP by 8%. So, did they really do better than India?

Assam closes down temporary Covid-19 care centres, gears up to reopen elementary schools as pandemic gets under control

Assam has been witnessing reduced cases of Covid-19 with recovery rate of 98 per cent and the death rate of 0.46 per cent

Shiv Sena to organise Azaan recitation competition, party leader calls it as important as ‘Maha Aarti’

Shiv Sena is to bear the cost of the event and will also reward the contest winners.

Chinese foreign ministry shares a fake image of Australian soldier murdering an Afghan child; PM Scott Morrison demands apology from Beijing

The fake image was shared in the wake of a report on war crimes committed by Australian forces deployed in Afghanistan

’Is that a water bottle?’: AAP candidate Asra Fatima’s poster for Hyderabad municipal elections has netizens in splits

In a true show of patriarchy, the women's identity of AAP candidate in GHMC polls is reduced to being a wife of party member.

Indian Idol contestant reveals how she faced opposition from conservative Muslim society as singing is ‘not allowed’

The Indian Idol contestant revealed how women in her society are looked down upon if they try to excel in any field.

Recently Popular

Wife of late Wajid Khan writes on her sufferings in an inter-faith marriage, says anti-conversion law should be nationalised

Wife of late music composer Wajid Khan wrote how her husband and his family had been forcing her to convert to Islam after their marriage

Actor Deep Sandhu disappoints Barkha Dutt after she provides platform to ‘distance himself’ from OpIndia report that he supports Khalistan

Barkha Dutt lamented after actor Deep Sidhu refused to condemn Jarnail Singh Bhindranwale and to call him terrorist on her YouTube channel

SFJ ads appear on YouTube offering $10m support for farmers, in return, wants Sikhs to join ‘Khalistan movement’: Details

Amid ongoing farmers’ protests in Punjab, Haryana, and Delhi, it is evident that Khalistani supporters have hijacked the protests and now, they are running ads on YouTube

Indian man proposes to his Australian girlfriend during Ind vs Aus cricket match, here is what happened next

While India's performance has been below par, netizens found happiness in the unusual proposal that became the highlight of the match.

‘Will not say Jai Hind, will teach lesson to Modi like we taught Indira’: Khalistani protester in presence of AAP MLA Amanatullah Khan

Sikh protester threatens to teach Modi a lesson in the save way they taught Indira Gandhi in the presence of AAP MLA Amanatullah Khan

Who is the man in farmer protest video, lying about ‘govt snatching farmland’: Profile of an actor and Khalistan supporter

Khalistan supporter Punjabi actor Deep Sidhu has been seen spreading the lie that govt will snatch farmer's land using the new farm laws

Private procurements from Adnai group helped eliminate middlemen and generate more income, reveals apple farmers from Himachal Pradesh

Apple Orchard manager Manjeet Singh Dhillon informed that Adani group had been purchasing apples from farmers since 2006.

Eight months after cutting water supply of migrants to drive them away in middle of pandemic, Arvind Kejriwal govt offers free water to protesting...

Delhi Jal Board VP and AAP MLA Raghav Chadha himself went to Burari to ensure water tankers are available for protesting farmers

‘Shaheen Bagh returns’: Netizens react as protesting ‘farmers’ served biryani at Ghazipur in New Delhi

Biryani at the ongoing farmers' protest brings back memories of the 'organic' Shaheen Bagh protests

Farmer group bats for ‘middlemen’, hails them as ‘service providers’ while scare-mongering about reforms in agriculture sector

Protesting farmers say that they are happy to pay commission to middlemen, claims new farm laws are not needed for their protection

Protests against farm laws are based on rumours and misinformation: PM Modi punctures holes in the propaganda surrounding farm laws

PM Modi noted, "The government is consistently addressing the fears and queries of farmers who are anxious about the government's decision."

Not ‘just a municipal election’, a defeat of TRS in the Hyderabad Municipal Elections will alter the political discourse of the state

Not just top BJP leaders, top TRS leaders are also campaigning hard for the GHMC elections, making it more than just a municipal election

Former PMO official from UPA era gets excited at ‘New Zealand MP supporting farmers,’ except that no MP from New Zealand supported

The former advisor to Manmohan Singh shared a Tweet by Canadian politician to claim that a 'New Zealand' MP is supporting the Punjab farmers' protest

Bijnor: Youth murdered because his brother had run away with a girl, case filed against the girl’s father Asgar and her brothers

Shivan murdered by Asgar and his sons because he was supporting his brother Sagar, who was jailed for having affair with Asgar's daughter

Odisha: BJD MLA expelled from party for links with ‘vigilance raid’ IFS officer and his son, accused of ‘anti-people activities’

The BJD MLA's daughter was scheduled to marry the corruption accused IFS officer's son in December.

What they never told you when they said India was the worst performing emerging economy

India’s economy contracted by 23.9%. For comparison, Brazil’s GDP contracted by 11.9% and Russia’s GDP by 8%. So, did they really do better than India?

Connect with us

245,563FansLike
491,178FollowersFollow
20,200SubscribersSubscribe