Government would take its ‘own course’ on giving a second term to Reserve Bank of India Governor Raghuram Rajan and deliberations and discussions in public domain would not decide it, Union law Minister Sadananda Gowda said on Saturday.
Gowda also said he is not aware of the reported formation of a selection committee by the Government to shortlist candidates for the post of RBI Governor. “I am not aware of why the committee has been formed, and how the selection (of RBI Governor) will be done. I am really not aware,” he told PTI here.
Gowda’s response came when he was asked if setting up of the committee to shortlist candidates for RBI Governor’s post meant that government would not give a second term to Rajan. Government, as per some media reports, had formed a selection committee headed by Cabinet Secretary P K Sinha for shortlisting candidates for RBI Governorship.