Bollywood mourns music director Wajid Khan's death | Violent protests erupt in US cities over George Floyd killing; Trump hid in underground bunker | Assam flood situation improves despite toll touching 7 | Assam flood situation improves despite toll touching 7 | Assam sets target to conduct 2 lakh tests for Covid-19 by Jun 15 |
Congress attacks Narendra Modi and his government over RBI Governor Urjit Patel's resignation

Congress attacks Narendra Modi and his government over RBI Governor Urjit Patel's resignation

India Blooms News Service | @indiablooms | 10 Dec 2018, 06:01 pm

New Delhi, Dec 10 (IBNS): The Congress on Monday attacked the Centre over Reserve Bank of India Governor Urjit Patel's decision to step down from his position.

He said the 'unceremonious exit' of Patel reflected the 'tyrannical regime' of Prime Minister Narendra Modi.

Congress leader Randeep Singh Surjewala tweeted: "Integrity of another institution -RBI, stands denigrated by a tyrannical Modi regime as reflected in RBI Governor’s unceremonious exit. Economic anarchy, compromising India’s monetary policies & attempting to stifle RBI’s independence by Govt appointed puppets is the DNA of BJP!."

In a major development, Urjit Patel on Monday quit as the Governor of the Reserve Bank of India.

Patel has cited 'personal reasons' as the cause behind taking the decision.

"On account of personal reasons, I have decided to step down from my current position effective immediately," Patel said in a statement.

"It has been my privilege and honour to serve in the Reserve Bank of India in various capacities over the years," he said.

"The support and hard work of RBI staff, officers and management has been the proximate driver of the Bank’s considerable accomplishments in recent years. I take this opportunity to express gratitude to my colleagues and Directors of the RBI Central Board, and wish them all the best for the future," the Governor said.

Patel resigned from his position just days after the RBI board meeting was held. 

The meeting was held amid reports of a rift with the Central government.
 

Congress attacks Narendra Modi and his government over RBI Governor Urjit Patel's resignation

India Blooms News Service
Comments ()

Post your comment:

Web Analytics