Cong Accuses RSS, BJP Leaders of Lobbying Against Raghuram Rajan

In a statement on Saturday, Raghuram Rajan said he will be returning to academia once his term as RBI governor ends.
Suhasini Krishnan
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RBI Governor Raghuram Rajan. (Photo: Reuters)
RBI Governor Raghuram Rajan. (Photo: Reuters)
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  • Congress on Sunday accused the RSS and some BJP ministers of lobbying against RBI Governor Raghuram Rajan. The party said Rajan’s decision not to seek a second term was the “most unpleasant thing” for the country.

  • Senior Congress leaders like Veerappa Moily and former Finance Minister P Chidambaram were disappointed with Rajan’s decision. Moily accused various BJP spokespersons and leaders, specifically Subramaniam Swamy along with the Nagpur RSS camp of lobbying against the RBI Governor.

  • In a statement on Saturday, Rajan said he will be returning to academia after his term ends in September, squashing speculation about whether the NDA government will appoint him for another term.

(With inputs from PTI.)

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