What's more important experience or expertise?
The new governor of the Reserve Bank of India, who was hastily appointed by the
government, is a highly experienced bureaucrat, with a questionable past, if Subramanian Swamy is to be believed. An IAS officer of the Tamil Nadu cadre, he retired last year and is apparently a most trusted aide of PM Narendra Modi, having launched and very staunchly defended demonetisation, at which time he was the Secretary, Department of Economic
Affairs. Mr. Das is thus a member of the 15 th Finance Commission and has also been India’s representative/sherpa, at the G20 nations. He is a seasoned babu, having successfully worked under three disparate FMs viz. Mr.Manmohan Singh, Mr. Chidambaram and Mr. Arun Jaitley, which explains his ability to fit into any given situation. Question is what is more important experience or expertise? Mr. Akhilesh Bhargava, Business Editor of HW Business and Finance shares his insights on the matter.