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Challenges aplenty for the new RBI chief

Every time Sachin Tendulkar walks in to bat, he carries the expectations of a billion Indians.
Similarly, Raghuram Rajan, the 23{+r}{+d} Governor of Reserve Bank of India, too could feel the weight of expectations as the country looks up to him to fix some of the ills plaguing the economy. He comes to the RBI as an economist of international standing and a reputation for prescience — through a National Bureau of Economic Research working paper, he dropped ample hints about the 2008 global financial crisis three years before its onset.
The 50-year old will have to summon all the skills and experience gained over the years to not only foresee possible crises in the real and financial sectors but also come up with out-of-the-box solutions to deal with them.
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