Reappointment Of Raghuram Rajan Should Not Be The Media’s Concern: PM ModiMay 27, 2016 17:40
Prime minister Narendra Modi has said that the issue of reappointment of RBI governor Raghuram Rajan is an administrative subject and it should not be an issue of interest of the media, in his initial comments after the governor is repeatedly being attacked in recent months.
“I don't think this administrative subject should be an issue of interest to the media,” prime minister Modi said.
“Besides, it will come up only in September,” he said to the Wall Street Journal referring t the three-year term of Rajan which ends in September this year.
The prime minister was asked, “Do you support the reappointment of Mr Rajan, the central bank governor?”
Raghuram Rajan, the current RBI governor and former teacher, is famous for his comments on the Indian economy as well as the government’s policies. He even had spoke on intolerance debate and had described Indian economy as ‘one-eyed king’ in the land of the country’s highest economic growth.
BJP Rajya Sabha MP Subramanian Swamy has repeatedly attacked Raghuram Rajan and sent two letters to the prime minister Narendra Modi demanding his removal from the position of RBI governor.
In his first letter, he has said that Raghuram Rajan is mentally not fully Indian.
Swamy, in his second letter has alleged that Raghuram Rajan works for a US dominated group which was set up to defend America’s dominant position in the global economy.
Finance minister, Arun Jaitley has said he does not approve any ‘personal comments’ against anyone including the RBI governor and has assured that the government’s continuous dialogue with the RBI will be unbroken.
By Prajakt K.