‘The biggest perk is the house’: Raghuram Rajan says his salary was Rs 4 lakh per year as RBI Governor

Posted on:
Key Points

Former Reserve Bank of India (RBI) Governor Raghuram Rajan spoke about the salary he used to draw when he was at the top job..

Speaking with YouTuber Raj Shamani at the Figuring Out podcast, Raghuram Rajan said that his salary as RBI Governor was Rs 4 lakh a year..

When asked if Rs 4 lakh per annum is an appropriate amount to be the salary of the RBI Governor, Rajan said it is at par with other government officials..

But again the rationale was that you have another job before you come into the RBI or you have been an RBI official, actually only two RBI officials have been appointed RBI governor, so you have an independent pension from somewhere, said Rajan about the RBI Governors salary structure...

When asked if it is a luxury car that is given for the official use of the RBI Governor, Raghuram Rajan pointed out that it would be inappropriate in a country like India to use a luxury car for official purposes...