RBI Governor Raghuram Rajan not seeking second term: Here’s how Twitterati reacted

"I want to share with you that I will be returning to academia when my term as Governor ends on September 4, 2016," Rajan said in a message to the RBI staff.

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RBI chief Raghuram Rajan has announced that he won’t be running for second term as chief of central bank.

RBI Governor Raghuram Rajan on Saturday announced he won’t be seeking a second term as the chief of the central bank.

In a statement to his colleagues, the RBI chief said, “… on due reflection, and after consultation with the government, I want to share with you that I will be returning to academia when my term as Governor ends on September 4, 2016,” Rajan said in a message to the RBI staff.

While his decision to quit came as a surprise to many, here’s how Twitterati reacted to the news:

Raghuram Rajan’s exit leaves me a sad man. We really have no respect for good, capable people. We deserve the mediocre lot thrust on us.

— Pritish Nandy (@PritishNandy) June 18, 2016

Minimum governors, maximum government.#RaghuramRajan

— Ramesh Srivats (@rameshsrivats) June 18, 2016

The hard truth is that #ModiSarkar’s appointed hit-men brutally attacked a globally renowned, respected #RaghuramRajan . They forced him out

— Sanjay Jha (@JhaSanjay) June 18, 2016

One way of looking at #RaghuramRajan story: War on crony capitalism is over. Full normalcy restored. Capitalism lost, cronies won.

— Shekhar Gupta (@ShekharGupta) June 18, 2016

Globally acknowledged. Inflation warrior. Economic guru. Independent mind. Bank surgeon. #RaghuramRajan leaving is a loss to the nation.

— Harsh Goenka (@hvgoenka) June 18, 2016

Politicians don’t like to be told that somebody else could be better then them. #RaghuramRajan

— Sanjay Pugalia (@sanjaypugalia) June 18, 2016

Dr. Raghuram Rajan has announced his intention to go back to academics at the end of his current assignment.(1/2)

— Arun Jaitley (@arunjaitley) June 18, 2016

Raghu has been one of the finest central bank governors anywhere.https://t.co/XRERx0ab8i

— Kaushik Basu (@kaushikcbasu) June 18, 2016

#RaghuramRajan withdraws from 2nd term.
Ok. Let Gajendra Chauhan, head of FTII, & Chetan Chauhan, head of NIFT decide who’ll be head of RBI

— Ramesh Srivats (@rameshsrivats) June 18, 2016

Prime Minister Narendra Modi knows everything. He has no need for experts like Raghuram Rajan

— Office of RG (@OfficeOfRG) June 18, 2016

If a man of the stature of #RaghuramRajan can be treated so shabbily by govt,will anyone of any credibility now want the job? India’s loss

— RPN Singh (@SinghRPN) June 18, 2016

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