Letter to BS: RBI's autonomy takes another hit as Acharya heads for exit

Authorities may consider examining the causes underlying the ongoing frequent disruptions that are not healthy and not in the country's interest

This refers to “Viral Acharya’s last day at RBI will be July 23” (June 25). The Reserve Bank of India Deputy Governor Viral Acharya is the third among those entrusted with management of the country's economy, quitting their posts before expiry of their terms, in past one year.
 
It started with Arvind Subramanian, former chief economic adviser, who put in his papers in June 2018, three months before his term was to expire at the end of September that year. The next was former governor Urjit Patel, who sought to be relieved in December 2018 though he still had