Dr. Michael Debabrata Patra re-appointed as RBI Deputy Governor for one year

Michael Patra was appointed as DG of RBI on Jan 15 2020 for a period of three years and has been reappointed for another year.

Despite many articles and posts, the government does not get the appointment rules. The rule to appointing people at key policy positions is to give them a tenure which is long (enough), non-renewable and non-dismissable (barring exceptional circumstances). But we do the opposite of short, renewable and easily dismissable.

But then one can take solace from the fact that reappointment was done before 4 days of the tenure term.

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