BJP MP Subramanian Swamy has come out in support of Modi government’s choice of Urjit Patel as the new RBI governor.
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!
@rupasubramanya :He is not Kenyan citizen but was. R3 was born Indian & chose to continue his US Green Card even though in India from 2007
— Subramanian Swamy (@Swamy39) August 20, 2016
— Rupa Subramanya (@rupasubramanya) August 21, 2016
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.
FITCH RATINGS #UrjitPatel: Central Bank Guv doesn’t need to have a rock star status to be successfulAdvertisement
— ET NOW (@ETNOWlive) August 21, 2016
— Nisha Singh #HDL (@Nisha__Hindu) August 20, 2016
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.