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Can't choose RBI governor on basis of popular vote: Subramanian Swamy

In a series of letters to Prime Minister Narendra Modi, Swamy had demanded sacking of Rajan, arguing that he is 'mentally not fully Indian'.

In a series of letters to Prime Minister Narendra Modi, Swamy had demanded sacking of Rajan, arguing that he is 'mentally not fully Indian'.

Rajan, in a letter to RBI employees on Saturday, said that he would go back to Chicago to continue his academic career.

BJP MP Subramanian Swamy, who ran a tirade against RBI Governor Raghuram Rajan, on Saturday said the Reserve Bank head is a government employee and is not selected on the basis of popular vote.

-"Raghuram Rajan is an employee of the Government of India. We don't select employees on the basis of popular vote,-" he said, reacting to Rajan's decision not to take a second term.

Read: Rexit: ‘Work yet to be completed’, but no RBI 2nd term for Raghuram Rajan

In a series of letters to Prime Minister Narendra Modi, Swamy had demanded sacking of Rajan, arguing that he is not -"fully mentally Indian-" and had been sending confidential and sensitive financial information around the world.

Rajan, in a letter to RBI employees on Saturday, said that he would go back to Chicago to continue his academic career after completion of his three-year term as central bank chief on September 4.

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