Viral Acharya’s exit is worrying. Govt must ensure RBI independence amid fears of fiscal slippage

RBI Deputy Governor Viral Acharya’s resignation, within six months of Governor Urjit Patel’s exit, once again raises the question of the central bank’s autonomy. The government should ensure the financial and operational independence of the RBI, especially amid fears of a looming financial crisis and fiscal slippage in the Budget.

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