“India should be very fortunate to have him (Rajan) serve this country for not just one, I would say two more terms,” Narayana Murthy, who founded Infosys in 1981 with Nandan Nilekani, S Gopalakrishan, SD Shibulal, KDinesh, NS Raghavan and Ashok Arora, said in an interview.
Reserve Bank of India (RBI) Governor Raghuram Rajan deccanchronicle
Of late, online petitions seeking support of a second term for the former IMF chief economist had garnered close to 60,000 signatures. The petition urged Prime Minister Narendra Modi to allow a second term to Rajan at the RBI.
Meanwhile, BJP MP Subramanian Swamy has launched a fresh attack on Rajan.
He further claimed that RBI granted licenses to small financial banks allegedly for money laundering purposes. He added that those who who were granted licenses are controlled by foreign entities.
Swamy had earlier urged PM Modi to sack Rajan because he was ‘deliberately’ trying to “wreck the Indian economy”, and was also “mentally not fully Indian”.