Why PM Modi should ignore Subramanian Swamy’s letter to sack Raghuram Rajan

Subramanian Swamy, BJP’s newly nominated member to the Rajya Sabha, recently said that Reserve Bank of India governor Raghuram Rajan should be removed from his post.

In a fresh salvo at Rajan, Swamy has written to Prime Minister Narendra Modi seeking immediate sacking of the former IMF Chief Economist while alleging he was “mentally not fully Indian” and has “willfully” wrecked the economy.

Following up his barb against Rajan at the end of Parliament session last week, Swamy yesterday wrote to Prime Minister seeking termination of Rajan’s services with immediate effect.

According to Swamy, Rajan has hiked interest rates “in the garb of controlling interest inflation”, which has “damaged the country”, and that he was responsible for “unemployment and collapse of industrial activity”.Read more.

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