Financial ‘Time Bomb’ Planted By Raghuram Rajan Will Explode In December: Subramanian Swamy

BJP’s Rajya Sabha MP Subramanian Swamy who has written twice to Prime Minister Narendra Modi to sack RBI Governor Raghuram Rajan, has fired another salvo at the former IMF chief economist.

Swamy has now said that Rajan had planted “a time bomb” in the Indian financial system that will explode in December.

Swamy tweeted:


The ‘f.e’ in the tweet apparently refers to foreign exchange.


Last month, Swamy had leveled six allegations against Rajan:


Earlier, Swamy had claimed that Rajan was “mentally not fully Indian” and alleged that he has “wilfully” wrecked the economy.

On Swamy’s earlier comment, Rajan had said:

Raghuram rajan poster 1

He further said: “I think when you think about Indianness, when you think about love for your country, it’s a very complicated thing. For every person, there is a different way that you show respect for your country… my mother-in-law will say karmayogi is the way to go — do your work.”

The governor clarified that he “welcomes genuine criticism of our policy, but will not address ad hominem attacks” or allegations against him as an individual instead of the policies and the position he holds.

Answering a question that if the second term was not granted to him then his agenda as the central banker would remain half-finished, he said:

Raghuram rajan poster 2

On Swamy-Rajan spat, Finance minister Arun Jaitley has said that he does not approve of “personal comments” against anyone including the RBI Governor.


Rajan’s current three-year term as the Reserve Bank Governor is ending this September.

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