New Delhi: BJP’s newly nominated Rajya Sabha member Subramanian Swamy has urged Prime Minister Narendra Modi to remove Reserve Bank of India (RBI) Governor Raghuram Rajan.
In a three-page letter to Modi on Monday, Swami said Rajan, a former International Monetary Fund chief economist, should be removed 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 in the letter.
He also contended that the RBI governor is “mentally not fully Indian.” since he continues to renew the Green Card issued to him by the US government.
Rajan was appointed the RBI governor by the previous UPA government in September 2013 for a three-year term, which can be extended.
On May 12, Swamy had blamed Rajan for rising inflation and increasing unemployment, and called for his immediate removal.
Senior Congress leader Jairam Ramesh, reacting to Swamy’s comment, said, “Don’t politicise the RBI governor’s post, these are hallowed institutions and respected. Manmohan Singh appointed him with due consideration.”
“This is Subramanian Swamy’s opinion. Final call will be taken by the government when this comes up for discussion when his (Raghuram Rajan’s) term expires in September,” BJP Spokesperson on Economic Affairs Gopal Krishna Aggarwal said.
Dr Rajan has not responded to the multiple attacks by Swamy, who had hit out at Dr Rajan last year too.