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Swamy writes to PM demanding Raghuram Rajan's termination

| | May 17, 2016, at 07:18 pm
New Delhi, May 17 (IBNS) Keeping up with anti-Raghuram Rajan move, BJP lawmaker Subramanian Swamy has written to Prime Minister Narendra Modi demanding that the Reserve Bank of India Governor be removed.

In his letter to the PM on Monday, Swamy has accused  Rajan of an "apparently deliberate attempt to wreck the Indian economy,"  while alleging that the RBI chief is "mentally not fully Indian." since he continues to renew the Green Card issued to him by the US government.

The letter follows Swamy's outburst  last week when he said that Rajan be sent back to Chicago. Rajan teaches at the Booth School of Business at Chicago University and is on leave to serve as the central bank's governor.

Subramanian Swamy Raghuram Rajan

Swamy said Rajan's "disastrous" concept of raising interest rates continues to hurt the economy and his decisions have increased unemployment in the country.

Appointed by the previous Congress-led UPA government, Rajan earned the praises of Narendra Modi as well when last year the PM lauded him for  "perfectly" explaining complex economic issues to him in regular one-on-one meetings.

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