Tuesday, April 13, 2021
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

Mayor Sadiq Khan vows to bring the Indian Premier League to London to boost his reelection chances: Details

London mayor Sadiq Khan promises to bring the Indian Premier League to the British capital as part of his reelection campaign.

BBC Urdu documentary reveals how state-sanctioned Pakistani textbooks demonize Hindus

BBC Urdu published a video on YouTube highlighting the prejudice against Hindus that textbooks in Pakistan advocate.

Constant ‘beheading’ threats by Islamists: Hindus come out in large numbers to support Yati Narsinghanand Saraswati, demand security for him

Enraged by the Muslim politicians and religious groups openly issuing death threats, Hindus come together to support Yati Narsinghanand Saraswati.

Here’s why lockdown is no longer an option and imposing another at this point makes no sense at all

Not imposing a lockdown may be a bad choice but imposing it to combat Covid-19 will prove to be infinitely worse.

Japan to release treated water from Fukushima nuclear plant into the ocean: USA, IAEA support, China condemns

Japan has long delayed the decision to dispose of the wastewater from the Fukushima Daiichi nuclear plant over criticisms and safety concerns.

The direct fall-out of not implementing farm laws: Punjab Farmers say Arhtiyas asking for signed blank cheques for helping in crop procurement

Farmers across Punjab are being told by their arhtiyas to furnish "signed blank cheques" if they want to get their produce auctioned in the mandis

Recently Popular

Pfizer wanted Brazil, Argentina to put military bases, Federal reserve as collateral: Why India kept Pfizer away and how the usual suspects are wrong

Pfizer has been accused of countries in Latin America of pledging their sovereign assets, military bases and financial reserves to protect itself from any adverse fallout of the vaccine

After explosive Clubhouse confessions, Prashant Kishor starts building ground to blame only Mamata Banerjee if Bengal is lost: Here’s how

While trying to fire-fight fall-out from Clubhouse conversation, Prashant Kishor has set narrative to blame Mamata Banerjee and TMC for West Bengal loss

Attempts to draw false equivalence between the Kumbh Mela and Tablighi Jamaat congregation do not make sense: Here’s why

Attempts are being made to draw false equivalences between the Kumbh Mela and the Tablighi Jamaat congregation last year.

India has to become a ‘Hindu Rashtra’, or it will be turned into an Islamic nation by 2030: Kerala MLA

"Can we let this nation (go) to any particular community? This needs to be discussed. Somebody has to speak up," PC George emphasised.

OpIndia Exclusive: Tata Communications suffers data leak, hackers claim to have sold access to company’s servers, over 50GB data still up for sale

As per two posts by hackers on a hackers' forum, they have gained access to Tata Communications servers and sold them.

Shops burnt, stones pelted on police in Baran, Rajasthan after 3 Muslim men stabbed one Kamal Singh: What we know so far

Shops burnt, police personnel injured, stone pelting, fire department vehicles attacked in Chhabra, Rajasthan.
- Advertisement -

 

Connect with us

254,077FansLike
528,849FollowersFollow
24,200SubscribersSubscribe