Jalan may enter Rajya Sabha
There is a move to effect a change of guard at the Reserve Bank of India (RBI).
Governor Bimal Jalan, whose current extended tenure ends in October 2004, may be brought in as a member of the Rajya Sabha (in which three vacancies for nominated members are due to be filled by August 26).
Subsequently, Jalan is expected to be entrusted with additional responsibility.
No decision on this has been taken as yet. Speculation has begun in New Delhi on Jalan
