Subramanian Swamy Says It Would Be Idiotic To Criticise New RBI Governor

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2:01 pm 21 Aug, 2016

BJP MP Subramanian Swamy has come out in support of Modi government’s choice of Urjit Patel as the new RBI governor.

BJP leader Subramanian Swamy timesofindia


In a string of retweets and replies to his Twitter followers, Swamy said it will be utter “idiotic” to think he will attack Patel because he was born in Kenya. Swamy’s replies seems to be a ‘blessing’ for Urjit Patel!


New RBI Governor Urjit Patel officechai


Swamy, a vocal critique of RBI governor Raghuram Rajan, had levelled six allegations against him and asked Prime Minister Narendra Modi to sack him immediately. His displeasure with Rajan comes in the wake of the RBI head’s reluctance to lower interest rate (also repo rate) for six months, citing high inflation.

Swamy had questioned Rajan’s ‘Indianess’, calling him a US citizen. Swamy blamed Rajan for the dire situation in which small and medium scale enterprises find themselves, due to credit being costly. He had also said that Rajan had planted “a time bomb” in the Indian financial system that will explode in December.

He also took to Twitter to criticise the RBI Governor. However, PM Modi had disapproved of Swamy’s attacks saying they are “inappropriate”.



His grandfather’s extended family hails from Palana village in Kheda district of Gujarat, 45 km from state capital Gandhinagar.

Patel, who has been associated with major economic initiatives taken by the government, had also worked as an expert commentator on a TV show.

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