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The deadline for applications expires on Tuesday and the short-listed candidates will be interviewed by a Cricket Advisory Committee comprising Kapil Dev, Gaekwad and Shanta Rangaswamy.
The Indian head coach also admitted that the team missed a solid middle order batsman in the semifinal loss to New Zealand.
Shastri also backed Ganguly's view of BCCI getting its dues from the International Cricket Council.
India could get away with picking just five specialist batsmen in home conditions, but it will be a big blunder on the livelier tracks abroad.
BCCI Committee of Administrators chief Vinod Rai has made it clear that the CAC comprising Kapil, Shantha Rangaswamy and Anshuman Gaekwad were 'not conflicted' as per their understanding and it was appointed for only selecting the head coach.
'We are chasing very well in T20 cricket. We need to do the same when batting first,' said the BCCI president.
Dhoni, after maintaining a stoic silence on his future plans for months, had recently stated that, 'Don't ask anything till January.'
The Supreme Court-appointed CoA, headed by Vinod Rai, will conduct the interviews for all positions after the World Cup.
The Indian head coach has put his weight behind under-fire Rishabh Pant, saying the wicketkeeper-batsman is a world-class player and the team management will give him all the support he needs to prosper in international cricket.
Reports have emerged that Bangar, who has now been replaced by Vikram Rathour as batting coach, confronted national selector Devang Gandhi on the just-concluded West Indies tour in his hotel room.
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