April 18, 2026 06:02 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Pushback from smartphone makers: Centre drops Aadhaar app pre-install plan — report | Meta eyes first wave of layoffs on May 20: Report | TCS breaks silence on Nida Khan: ‘No HR role, no power’ in Nashik case | ‘Panic reaction’: Rahul Gandhi on women’s bill, says PM Modi ‘wants to send a message’ | Adani Group shares rise as Gautam Adani becomes Asia’s richest, overtakes Mukesh Ambani | TCS Nashik ‘conversion’ case accused seeks anticipatory bail citing pregnancy | IT raids TMC candidate Debasish Kumar’s premises ahead of Bengal polls | Bengal SIR: Supreme Court allows voters restored by tribunal till April 21 and 27 to vote | 'Women won't spare you': PM Modi warns Opposition over resistance to quota bill | Vijay booked in 3 cases over poll code violation ahead of Tamil Nadu polls

Swamy writes to PM demanding Raghuram Rajan's termination

| | May 17, 2016, at 07:18 pm
New Delhi, May 17 (IBNS) Keeping up with anti-Raghuram Rajan move, BJP lawmaker Subramanian Swamy has written to Prime Minister Narendra Modi demanding that the Reserve Bank of India Governor be removed.

In his letter to the PM on Monday, Swamy has accused  Rajan of an "apparently deliberate attempt to wreck the Indian economy,"  while alleging that the RBI chief is "mentally not fully Indian." since he continues to renew the Green Card issued to him by the US government.

The letter follows Swamy's outburst  last week when he said that Rajan be sent back to Chicago. Rajan teaches at the Booth School of Business at Chicago University and is on leave to serve as the central bank's governor.

Subramanian Swamy Raghuram Rajan

Swamy said Rajan's "disastrous" concept of raising interest rates continues to hurt the economy and his decisions have increased unemployment in the country.

Appointed by the previous Congress-led UPA government, Rajan earned the praises of Narendra Modi as well when last year the PM lauded him for  "perfectly" explaining complex economic issues to him in regular one-on-one meetings.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.