BJP MP Subramanian Swamy on Wednesday said that Shaktikanta Das' appointment as the Reserve Bank of India (RBI) governor is wrong and added that he has written a letter to Prime Minister Narendra Modi against this decision.
Swamy alleged that Das "has worked closely in corrupt activities with P Chidambaram and even tried to save him in court cases."
BJP MP Subramanian Swamy: Shaktikanta Das being appointed as RBI Governor is wrong, he has worked closely in corrupt activities with P Chidambaram and even tried to save him in court cases. I don't know why this was done, I have written a letter to PM against this decision. pic.twitter.com/FuFEP9OAsu
— ANI (@ANI) December 12, 2018
On Tuesday, the government appointed former bureaucrat Das as the new governor of the RBI after Urjit Patel abruptly resigned amid a face-off with the government over issues related to governance and autonomy of the central bank.
Das, 61, who was the first to field questions on the shock November 2016 decision to junk 86 percent of currency in circulation, will have a three-year tenure. He is the 25th governor of the 83-year-old institution.
He has often favoured a cut in interest rates by the central bank.
Swamy had raised concern over the resignation of Patel on Monday while asserting that it will be bad for the Indian economy.
Commenting on the abrupt resignation of Patel, about 10 months before the end of his tenure, Swamy said: "His resignation will be bad for our economy, RBI and the Government. He should at least stay till July until the next government comes to power. Prime Minister (Narendra) Modi should call him and find out the reason and dissuade him from leaving in the larger public interest."
Asked about Patel's differences with the finance ministry, Swamy said it always happens whenever an "independent, non-rubber stamp" RBI governor is there.
-- With inputs from agencies
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Updated Date: Dec 12, 2018 12:13:33 IST