Letter to BS: Here are a few aspects that deserve Jalan panel's attention

This refers to the report “Jalan-led panel to take call on reserves transfer” (December 27). It is heartening to find that the Reserve Bank of India (RBI) under the new governor Shaktikanta Das has shown the magnanimity and chosen to include both Bimal Jalan (pictured) and Rakesh Mohan in the Economic Capital Framework (ECF) panel. This has put to rest speculation in media about the differences between the government  and the RBI on who should man the panel. The approach is transparently conciliatory. 

Here are a few aspects that deserve the Jalan panel’s attention. 

1) The RBI’s share capital has remained static