Swamy says Raghuram Rajan is leaking secrets and defending US’ power, gives Modi 6 reasons to sack him

At a time when majority of the leaders are backing RBI governor Raghuram Rajan’s second term, BJP MP Subramanian Swamy is leaving no stone unturned to stop his juggernaut.

Yet again, Swamy came up with several reasons and asked PM Modi to terminate Rajan’s services.

Swamy has accused Rajan of increasing the interest rate to the detriment of small and medium industries.

“Rajan should have known the inevitable consequence of rising and high interest rate and his policy was wilful and thus anti-national in intent,” claimed Swamy.
Here are the 6 reasons why Swamy thinks Rajan should be sacked:

1. Swamy claimed Rajan has been sending confidential and sensitive financial information using unsecured Chicago University email id and publicly disparaging the BJP government.

2. Swamy alleged that despite holding a sensitive and very high government post, Rajan has been making mandatory trips to the US to renew his Green Card.

3. Swamy said Rajan is a member of US dominated Group of 30 which is engaged in defending America's dominant position in the global economy.

4. Also, Swamy alleged that Rajan’s insistence on high interest rate led to recession in the domestic small and medium industries causing not only sharp decline in output but also massive unemployment of semi-skilled labour.

5. Swamy claimed Rajan has by innuendos in effect held our government responsible for climate of intolerance in the country. “The Governor in Washington had disparaged the growth rate of India as being equal to a cockeyed person in the land of blind. Such pejorative sarcasm against the government is a violation of the rules governing public officials and conduct unbecoming of such an official.”

6. Swamy claimed Rajan insisted on permitting Sharia compliant financial institutions although there is no such provision in the RBI Act.