Now, Rathore backs Raghuram Rajan, says RBI Governor doing a good job

Rathore also hailed Raghuram Rajan's decision not to cut repo rate saying "it's a good decision".

By: PTI | Mirzapur | Updated: June 9, 2016 2:57 pm
Raghuram Rajan, Rajan, RBI, RBI governor, RBI governor Raghuram Rajan, Raghuram rajan tenure, Raghram Rajan Sacking, Rajan's term, second term for raghuram Rajan, Rajan second term, online petitions, online petition Raghuram Rajan, Raghuram Rajan internet, BJP. Narendra Modi, Arun Jaitley, business news RBI Governor Raghuram Rajan.

RBI Governor Raghuram Rajan on Thursday came in for praise from Union Minister Rajyavardhan Singh Rathore, who said Rajan is doing a “good job” and has controlled inflation.

“Raghuram Rajan is doing a good job. The way in which he had controlled inflation keeping in mind the world economy is appreciable,” Rathore told reporters here.

He also hailed Rajan’s decision not to cut repo rate saying “it’s a good decision”.

WATCH VIDEORBI Policy: Raghuram Rajan On Stressed Assets & Transmission Of Interest Rates


Rajan’s remarks come against the backdrop of BJP MP Subramanian Swamy’s two letters to Prime Minister Narendra Modi, urging that Rajan be refused a second term because of his “willful” moves to “wreck the Indian economy” and because he is “mentally not fully Indian.”

Rajan, whose three-year tenure as RBI Governor ends in September, has said some of the allegations were so fundamentally wrong and baseless that to address them was to give them legitimacy they do not deserve.

When asked about about the controversy over movie ‘Udta Punjab’, Rathore, who is the Minister of State for Information and Broadcasting, said, “I will look into it when the matter comes to my ministry. As of now its with the Censor Board.”

The minister was in Mirzapur to highlight the work done by Narendra Modi government in past two years.

About Uttar Pradesh, he alleged that conspiracies were being hatched to grab land and Mathura incident was a glaring example of “poor law and order” situation in the state.

For all the latest Business News, download Indian Express App

  1. B
    Jun 9, 2016 at 10:56 am
    Swamy looks like A*and^o% now.
    1. S
      Satendra kumar
      Jun 9, 2016 at 9:20 am
      RBI governor is doing a great job even the business world wii blessed Sir RAJAN for making some business shares or dividends for them.A positive thinking.
      1. A
        Jun 9, 2016 at 12:31 pm
        Mr rather should mind his ministry or he should have the guts to say swamy is unfit
        1. D
          Jun 9, 2016 at 10:19 am
          Chiddu said BJP do not deserve Rajan, must go to Chiidu or Italian so called sonia.
          1. D
            Deeply Concerned
            Jun 9, 2016 at 11:22 am
            Now all the contradictions in BJP is forcing them to cling on to some truly educated guys chosen by Congress govt. No orinality left with BJP and susu swamy has been knocked out on this count
            1. Load More Comments