Modi’s Ministers Know Nothing About Economics: Subramanian Swamy
Camerapersons: Abhay Sharma & Abhishek Ranjan
Video Editor: Sunil Goswami
“Not even a single minister in the Union Cabinet understands economics,” believes senior BJP leader and Rajya Sabha MP Subramanian Swamy.
In an exclusive interview to The Quint’s Sanjay Pugalia, in his special show Rajpath, Swamy spoke about a wide range of issues gripping the country and the upcoming 2019 Lok Sabha elections.
Taking a dig at his own party’s government, Swamy said:
However, he was quick to add that no party has leaders who understand the complexities of the economy.
In 2016, Swamy had written to PM Modi seeking immediate sacking of the then RBI Governor Raghuram Rajan, alleging he was “mentally not fully Indian” and has “wilfully” wrecked the economy. However, this was not the first time Swamy had launched an attack on Rajan.
Elaborating his conflict with the former RBI governor, Swamy said:
Swamy further said that Indian banks are in a poor state with their reserves are drying up as deposits have hit an all time low.
“Should Do Away With Income Tax”
The BJP leader, who was the Minister of Commerce and Industry between 1990 and 1991, believes that the only solution to counter economic problems plaguing the country is to do away with income tax.
He said that India had the potential to overtake China, if we implement the right policies. However, taking another dig at the Modi government, Swamy said that he is confused about who the actual finance minister of the country is.
“Cannot Win Elections on the Basis of Economic Performance”
With 2019 just around the corner, Swamy had some advice for Prime Minister Modi.
Swamy said that PM Modi is someone who understands the country’s issues, but has chosen the “wrong” friends. However, Swamy hoped, he will soon move past them and will do better job in his next term.
Swamy’s 2019 Prediction
On being asked if the Opposition can change its game plan in 2019, Swamy said:
For seventy years, there was a strategy to divide Hindus, said Swamy, adding that the BJP’s strategy in 2014 united Hindus across India.
On the BJP-PDP Split
“The Chief Minister of Jammu & Kashmir should have been a Hindu,” said Swamy when asked about the bitter break-up between alliance partners in the Jammu and Kashmir government, the BJP and the People’s Democratic Party (PDP), on 19 June.
Swamy called the three-year-old alliance a “failed gamble” for the BJP and labelled Mehbooba Mufti an “incapable” chief minister.
“I Am the Most Popular Leader After PM Modi”
Claiming that he is the most popular leader in the party after the prime minister, Swamy said that he “gets many things without even asking for it.”
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