RBI Governor Rajan Not Fully Indian, Sack Him Immediately: Swamy To PM Modi
17 May, 2016, By Cross Town News
NEW DELHI, May 17: BJP MP Subramanian Swamy has written to Prime Minister Narendra Modi seeking immediate sacking of the RBI Governor Raghuram Rajan and alleged he was "mentally not fully Indian" and has "wilfully" wrecked the economy.
Following up his barb against Rajan at the end of Parliament session last week, Swamy yesterday wrote to Prime Minister seeking termination of Rajan's services with immediate effect.
"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 wrote adding his concept of raising interest rates to contain inflation was "disastrous.Also, bad loans with public sector banks has doubled to Rs 3.5 lakh crore in two years, he said.