The Government of India has taken serious objection to outgoing Chairman of Telecom Regulatory Authority of India (TRAI) Rahul Khullar, slamming Prime Minister Narendra Modi's Jan Dhan yojana. The Finance Ministry is believed to have got in touch with the TRAI office for a clarification.

Khullar on Wednesday said financial inclusion will remain a "pipe dream" and merely opening bank accounts will not serve the purpose. "Merely talking about them or merely opening bank account will not get you the job. Take it from me. If you open 100 million accounts and most of them lie dormant... It is a typical Indian thing that you can pat yourself on your back... (What is the) big deal. What is the outcome, if net outcome is that nobody trusts it....," he said yesterday.

He said that financial inclusion though IT and mobile phones will remain a "pipe dream unless broadband proliferation" takes place across the country.

This is in fact the TRAI chief's parting shot since he is set to retire mid May. However, his wife is Sindhushree Khullar is the Secretary of Niti Ayog which is in charge of the PM's Jan Dhan yojana.

The government is likely to issue a stern warning against Khullar for his dramatic comments.

Khullar was also private secretary to Dr Manmohan Singh when he was finance minister during 1991-95.

BJP MPs snigger that Khullar has turned a Congress-i.