BJP leaders have been targeting Raghuram Rajan for a year: Ghulam Nabi Azad

RBI Governor Raghuram Rajan being targeted since last one year by BJP leaders and MPs, Azad told reporters on Sunday.

By: Express Web Desk | New Delhi | Updated: June 20, 2016 12:47 pm
RBI, Raghuram Rajan, Raghuram Rajan RBI, news, india news, business news, india news, rbi news, congress, bjp Congress leader and former Union minister Ghulam Nabi Azad.

Congress leader and former Union minister Ghulam Nabi Azad on Sunday hit out at the BJP government over RBI Governor Raghuram Rajan’s announcement that he will not be seeking a second term.

“I am saddened with the way an upright RBI Governor was treated by the BJP government. RBI Governor Raghuram Rajan being targeted since last one year by BJP leaders and MPs,” Ghulam Nabi Azad told reporters Sunday morning.

Congress Vice President Rahul Gandhi took to Twitter on Saturday saying: “Prime Minister Narendra Modi knows everything. He has no need for experts like Raghuram Rajan. Thank you Dr Rajan for steering the economy in difficult times. People like you make India great.”

WATCH VIDEO: RBI Governor Raghuram Rajan Delivers The First RNG Lecture


Rajan, on Saturday, issued a statement to his colleagues at the Central Bank saying he would be returing to academics post completion of his three-year term in September.

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“I am an academic and I have always made it clear that my ultimate home is in the realm of ideas,” he said in the email. “The approaching end of my three-year term, and of my leave at the University of Chicago, was therefore a good time to reflect on how much we had accomplished,” he said.

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  1. N
    N Ramachandran
    Jun 19, 2016 at 6:20 am
    This BJP Govt., has many loose canons.. Like Sh. Swamy and some ministers also.. Sh. Rajan deserve better treatment.. Sh. Narendra Modi's silence is in affirmation of what was talked his MPs and Cabinet Colleagues.. Rajan Sir.. U will be respected more in USA than in India.. Wish u all the best in any ingnment u take and u will shine like star..
    1. B
      Jun 19, 2016 at 6:36 am
      This is utter non sense, In fact PC had difference of opinion, Congress wanted Rajan to do some actions which he did not Memory is short and Congress always make use of short memory. how many spokespersons of congress reacting on this small news, which is the domain of the govt. Have we made such a big fuss about previous governors going and their appointments, Congress does not have any work nor can provide able Governance but only criticizing some one who works. How many time they have changed experts appointed by other govts. Further, if Rajan was so good, economy should have shown growth during UPA but that did not happen, it is like appointing a foreign trained Indian coach vs appointing local coach for Hockey or cricket, there is no right answer.