Sack RBI Governor Raghuram Rajan, Subramanian Swamy tells PM Modi
New Delhi: Stepping up his attack on RBI Governor Raghuram Rajan, BJP MP Subramanian Swamy has urged Prime Minister Narendra Modi to sack him immediately, claiming he was “mentally not fully Indian” and alleging he has “wilfully” wrecked the economy.
Following up on his barb last week that Mr Rajan should be sent back to Chicago, Mr Swamy has written a letter to the Prime Minister saying how a person appointed by the UPA government should be continued in the post.
“I cannot see why someone appointed by the UPA Government who is apparently working against Indian economic interests should be kept in this post when we have so many nationalist- minded experts available in this country for the RBI Governorship,”he said. The newly-nominated MP urged Modi “to terminate the appointment of Dr Raghuram Rajan in the national interest.”
“The reason why I recommend this is that I am shocked by the wilful and apparently deliberate attempt by Dr Rajan to wreck the Indian economy,” he said adding his concept of raising interest rates to contain inflation was “disastrous.”
Also, bad loans with public sector banks have doubled to '3.5 lakh crore in two years, he said.
BJP spokesperson on economic affairs Gopal-krishna Aggarwal said Mr Swamy is a senior leader whose opinions “definitely matters” but added the final say will be with the government.