Raghuram Rajan's patriotism 'no less than any of ours', says PM
June 27, 2016  15:29
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Narendra Modi in his first interview to as the prime minister says those who create controversies are being unjust to RBI chief Raghuram Rajan.

The PM will speak to Times Now in an hour-long interview at 6 pm today.

The PM said that he believes Rajan's patriotism "is no less than any of ours".

This is the first time that the government has come out in support of the RBI governor since
BJP MP Subramanian Swamy asked for his head.

On May 17, Swamy had written to the Prime Minister seeking the immediate sacking of the former IMF Chief Economist while alleging he was "mentally not fully Indian" and has "wilfully" wrecked the economy.

"The reason why I recommend this is that I am shocked by the wilful and apparently deliberate attempt by Dr Rajan to wreck the Indian economy," he wrote adding his concept of raising interest rates to contain inflation was "disastrous."

Also, bad loans with public sector banks has doubled to Rs 3.5 lakh crore in two years, he said.

Rajan was appointed RBI Governor by the previous UPA government in September 2013 for a three-year term, which can be extended.

"These actions of Dr Rajan lead me to believe that he is acting more as a disrupter of the Indian economy than the person who wants the Indian economy to improve.
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