Explorer

RBI Governor has the right to speak on all issues: Chidambaram

New Delhi: Former Finance Minister P. Chidambaram on Monday said that RBI Governor Raghuram Rajan has the right to speak on all issues and not only on those within his brief. "Two mature people can disagree but that doesn't mean one has to abuse the other, question the other's patriotism, question the other's intellectual capability. That is where I think he felt deeply hurt and decided to quit. India is the loser," Chidambaram told a news channel. BJP leader Subramanian Swamy had publicly attacked Rajan saying he was "mentally not fully Indian". He also wrote to Prime Minister Narendra Modi demanding that Rajan be denied an extension. Later, Rajan announced that he was not taking a second term. Asked if Rajan had exceeded his brief, Chidambaram said: "What is the RBI Governor's brief? Where is it written? He is an acknowledged academic, author and intellectual. He spoke on issues which are in the public domain." "He said only tolerant societies can move forward fast. You cannot have a high degree of intolerance. With one section of people living in fear, and still hoping for inclusive growth. Why not? What is wrong in these words? Did he use abusive language? Did he maim anyone?" he asked.

Top Headlines

IndiGo Suspends Flights To 6 International Destinations Till September 30
IndiGo Suspends Flights To 6 International Destinations Till September 30
Govt Mulls Delimitation Bill 2.0 For Monsoon Session, Reaches Out To TMC, DMK
Govt Mulls Delimitation Bill 2.0 For Monsoon Session, Reaches Out To TMC, DMK
‘Will Continue To Work Together’: PM Modi After Meeting Venezuela’s Delcy Rodriguez As Oil Crisis Deepens
‘Will Continue To Work Together’: PM Modi Meets Venezuela’s Delcy Rodriguez
'I P*** In My Pants': Lalit Modi Recalls Alleged Call With Dawood Ibrahim
'I P*** In My Pants': Lalit Modi Recalls Alleged Call With Dawood Ibrahim

Videos

Patna Firing Case: Police Detain Two Guards Linked to Khan Sir’s Coaching Centre After Viral Video
Breaking: Delhi Hotel Blaze, Muzaffarpur ICU Fire and Hyderabad Market Inferno Raise Alarms
Hyderabad Fire: Massive Blaze Erupts at Commercial Complex in Ameerpet, Firefighters Rush to Contain Flames
BREAKING: Delhi Fire Exposé Reveals Unsafe PGs, Basement Rooms and No Exit Systems in Malviya Nagar
BREAKING: Delhi Hotel Fire Preliminary Probe Points to Short Circuit, Exit Lapses Exposed

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget