Raghuram Rajan is a very competent man, and he has performed exceedingly well as Reserve Bank Governor.
Raghuram Rajan is a very competent man, and he has performed exceedingly well as Reserve Bank Governor.
Hyderabad
: Senior Congress leader Digvijaya Singh on Wednesday batted for a second term for RBI Governor Raghuram Rajan, terming him as a competent man who has performed exceedingly well in his current assignment.
-"He (Raghuram Rajan) is a very competent man, and he has performed exceedingly well as Reserve Bank Governor, and I think he deserves a second term,-" AICC General Secretary Digvijaya Singh said.
Asked about BJP MP Subramanian Swamy urging Prime Minister Narendra Modi to sack Rajan, alleging that he was -"mentally not fully Indian-", among other reasons, Singh asked -"What about himself (Swamy)-".
Senior Congress leader Jairam Ramesh had also said on Wednesday reacted sharply to the attack on Rajan, saying 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 on Wednesday 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 has written a letter to the Prime Minister saying how a person appointed by the UPA government should be continued 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,-" Swamy had said.
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.
