This Article is From May 27, 2016

Congress Demands PM Modi's Apology Over Swamy's Remarks Against RBI Chief

Congress Demands PM Modi's Apology Over Swamy's Remarks Against RBI Chief

Subramanian Swamy launched another attack at Raghuram Rajan on Thursday by levelling six allegations against him.

New Delhi: As RBI governor Raghuram Rajan came under repeated attack from Subramanian Swamy, the Congress today demanded that Prime Minister Narendra Modi apologise for the BJP lawmaker targeting "one of the most outstanding economists in the world".

"The present governor of the RBI is one of the most outstanding economists in the world. It is unfortunate that their own Rajya Sabha member has made the statement and more than that it is unfortunate that the PM has not spoken," Congress spokesman Kapil Sibal said.

Addressing a joint press conference with a battery of senior leaders at the AICC headquarters, he said, "It is the duty of the Prime Minister, in fact, to make a public statement apologising for what his party member has said about a person whom the world holds in high esteem."

Mr Sibal said it was a matter of regret that the government failed to clarify that it was not its view when Mr Swamy made the demand for Mr Rajan's removal for the first time.

He insisted that Mr Swamy has been brought to the Rajya Sabha for the "particular purpose" of attacking the Congress party as also "individuals in high places and institutions".

Mr Sibal's remarks came close on the heels of Mr Swamy launching another attack at Mr Rajan by levelling six allegations against him and asking the Prime Minister to immediately terminate his services.

Accusing Mr Rajan of raising interest rate to the detriment of small and medium industries, Mr Swamy said the RBI governor should have known the "inevitable consequence of rising and high interest rate and his policy was wilfull and thus anti-national in intent".

Mr Rajan, the BJP leader also claimed, has been sending confidential and sensitive financial information using unsecured Chicago University email id and publicly disparaging the BJP government.
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