This Article is From Jun 09, 2016

'Time Bomb': Subramanian Swamy's New Attack On Raghuram Rajan

'Time Bomb': Subramanian Swamy's New Attack On Raghuram Rajan

Subramanian Swamy had last month written twice to Prime Minister seeking ouster of Raghuram Rajan for keeping interest rate high. (AFP photo)

Highlights

  • BJP's Swamy alleges Rajan planted a 'time bomb' in Indian economy in 2013
  • Financial bomb planted in 2013 to go off in December, tweeted Swamy
  • Swamy has been asking for Rajan's dismissal for keeping rates too high
New Delhi: BJP lawmaker Subramanian Swamy today launched another attack on RBI Governor Raghuram Rajan, saying he had planted "a time bomb" in the Indian financial system that will explode in December.

Mr Swamy, who had written twice to Prime Minister Narendra Modi asking that Dr Rajan be dropped for keeping interest rate high, took to Twitter to criticise the RBI Governor.
He did not specify further. The 'f.e' in the tweet apparently refers to foreign exchange.

There was no immediate response to the query sent to RBI spokesperson Alpana Killawala in this regard.

On May 26, Mr Swamy had levelled six allegations against Dr Rajan and asked the Prime Minister to sack him immediately.

He had also claimed that Dr Rajan was "mentally not fully Indian" and alleged that he has "wilfully wrecked the economy".

On Mr Swamy's earlier comment, Dr Rajan had said, "There are certain allegations which are fundamentally wrong and baseless and addressing them would amount to giving them legitimacy."

On his "Indian-ness" being questioned in part because he holds a green card, he said, "Indian-ness, love for your country is complicated. For every person there is a different way that you show respect for your country...my mother-in-law will say karmayogi is the way to go - do your work."

The RBI Governor clarified that he "welcomes genuine criticism of our policy, but will not address ad hominem attacks" or allegations against him as an individual instead of the policies and the position he holds.

 
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