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Decision on Raghuram Rajan extension without influence of any factor: Arun Jaitley

Arun Jaitley parried a question on Subramanian Swamy's demand for immediate sacking of RBI Governor Raghuram Rajan saying the Government and RBI are responsible institutions and decisions will be taken without being influenced by "any other factor."

By: PTI | New Delhi | Updated: May 17, 2016 8:59:13 pm
Raghuram Rajan, Subramian Swamy, rbi, rbi governor, Rajan extension, Rajan term, Subramanian Swamy and Rajan, Finance Minister, Arun Jaitley, RBI governor, RBI governor second term, Arun Jaitley said that the government is a responsible institution and decisions won’t be influenced. (PTI Photo)

Finance Minister Arun Jaitley parried a question on BJP MP Subramanian Swamy’s demand for immediate sacking of RBI Governor Raghuram Rajan saying the Government and RBI are responsible institutions and decisions will be taken without being influenced by “any other factor.”

“I think what is important are issues, not personalities. Secondly whether what happens to the RBI Governor second term or no second term, what his own views on the issue are, are these matters to be discussed in public,” he said.

Read Also: Raghuram Rajan mentally not fully Indian, sack him: Subramanian Swamy to PM Modi

The government, he said, is a very responsible institution and so is RBI. “We will take our decisions without being influenced by any other factor,” he told ET Now news channel.

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He was asked about Swamy writing to Prime Minister Narendra Modi seeking immediate sacking of the former IMF Chief Economist alleging that Rajan was “mentally not fully Indian” and has “wilfully” wrecked the economy.

Jaitley said the Reserve Bank and the Finance Ministry have “very mature level of consultation” and it wasn’t fair to comment on them.

“I can tell you, the RBI and the finance ministry, I have always used this word very consciously, very mature level of consultation and its not fair that anyone of us to comment on those issues that we discussed in public space,” he said.

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