The Rajan legacy
September 06, 2016  12:25
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U lundu kozhukattai is a savoury rice flour dumpling stuffed with a spicy mixture of urad dal. Most bankers, except possibly those hailing from Madhya Pradesh, are unlikely to know of its existence. That may soon change, however, because a food company in Bangalore has decided to introduce this dish from Madhya Pradesh, the state where Raghuram Rajan was born, on its menu as a tribute to the Reserve Bank of India governor whose term has come to an end on September 4. 

"He has touched the lives of commoners and entrepreneurs like us in a positive way," remarked one of the founders of the company. 

It is safe to place quite a large bet that this is the most unique tribute ever received by a central bank governor. Having said that, perhaps it is not completely unexpected because no central banker has become quite as famous amongst the lay public as Raghuram Rajan.

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