Raghuram Rajan Deserves Second Term, Says Digvijay Singh

Congress leader Jairam Ramesh also reacted to the attack on Rajan.

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The comments by Digvijay Singh came after Subramanian Swamy wrote a letter to PM Modi to terminate Raghuram Rajan’s appointment as RBI Governor. (Photo: PTI/ Reuters/Altered by <b>The Quint</b>)

Senior Congress leader Digvijay Singh on 18 May, lent his support for RBI Governor Raghuram Rajan to serve a second term.

Terming Rajan a ‘competent man’, Singh said that he has performed exceedingly well in his current assignment and deserves a second term.

Asked about BJP MP Subramanian Swamy urging Prime Minister Narendra Modi to sack Rajan, alleging that he was “mentally not fully Indian”, Singh asked “What about himself? (Swamy)”.

Senior Congress leader Jairam Ramesh also reacted sharply to the attack on Rajan, asking why Swamy does not hit his “real target”, Finance Minister Arun Jaitley, but “set up dummy targets” like the RBI Governor who cannot speak out.

BJP spokesperson on Economic Affairs Gopalkrishna Aggarwal yesterday said Swamy is a senior leader whose opinions “definitely matter”, but added that the final say will be with the government.

Following up on his barb last week that Rajan should be sent back to Chicago, Swamy wrote a letter to the Prime Minister asking how a person appointed by the UPA government can continue in the post.

I cannot see why someone appointed by the UPA government who is apparently working against Indian economic interests should be kept in this post when we have so many nationalist-minded experts available in this country for the RBI Governorship.
Subramanian Swamy, BJP MP

The newly-nominated MP urged Modi “to terminate the appointment of Dr Raghuram Rajan in the national interest”. Rajan was appointed RBI Governor by the previous UPA government in September 2013 for a three-year term, which can be extended.

(The Quint is available on Telegram. For handpicked stories every day, subscribe to us on Telegram)

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