This refers to the report "Mint Road now closer to North Block" (October 22). P Chidambaram's image is bigger than Raghuram Rajan given the political context and even when Rajan has taken the opposite view by raising policy rates, the finance minister has expressed his uneasy support. The report says that Rajan's international image is responsible for a better relationship with the finance ministry. This is not true for his political masters. The current finance minister has the intelligence to project the Reserve Bank of India's independence on trivial issues (read policy rate changes). During the elections, the RBI will be pushed to the sidelines. Rajan is aware of this and, so, there are no qualms.
K V Rao, Bangalore
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