Climate change, one of most pressing global problems of our time, has been reduced to a punch line — right when high temperatures, reduced rainfall, and drought have pushed the cost of maize and soybeans to record highs.
"Subbarao was believed to have been chosen as central banker in 2008 because he was seen as being unlikely to buck his political masters. If so, he has proven the government wrong repeatedly," writes Asia Society Associate Fellow Pramit Pal Chaudhuri.
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