Sunday 24 April 2016

Raghuram Rajan is less paid RBI"s top executive

Mumbai, April 24 : Reserve Bank of India Governor Raghuram Rajan isn’t its highest-paid top employee, consistent with the newest details revealed by India’s financial institution, beneath the RTI Act.


Rajan’s total monthly emoluments, that stood at Rs.1,98,700, were but that of 3 others – Gopalkrishna Sitaram Hegde (Rs.4,00,000), Annamalai Arappuli Gounder (Rs.2,20,355) and V Kandasamy (Rs 2,10,000), as per the RBI’s latest list of monthly emoluments of workers for the time of June-July 2015.


http://gty.im/521192606


The RBI has revealed its “monthly emoluments of prime management (as on July 1, 2015)” as additionally the “monthly emoluments of workers (as on June 30, 2015)”.


 


While the primary section provides monthly emoluments of Rajan, the four deputy governors and 11 Executive directors, the second section has quite 16,000 entries from all its offices a number of that are for total monthly emoluments of less than Rs.10,000.


 


Rajan’s packet includes a basic pay of Rs.90,000, a expensiveness allowance of Rs.1,01,700 and “others” of Rs.7,000.


 


The RBI governor however remains on the highest in terms of basic pay. the entire monthly emoluments for every deputy governor stood at Rs.1,73,900, whereas those for executive directors were at Rs.1,70,864.


At least 44 workers earned  more than the executive directors.



Raghuram Rajan is less paid RBI"s top executive

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