Media Portrayed Raghuram Rajan As Angel And Me As Devil: Swamy

NEW DELHI:BJP leader Subramanian Swamy today once again attacked Raghuram Rajan on the monetary policy, over a month after Prime Minister Narendra Modi had disapproved of his criticism of the RBI Governor.

He also criticised the media of painting Mr Rajan as “some angel” and him as a “devil”.

“In the Raghuram Rajan case, the whole media was motivated by forces outside this country to support him. They said the stock markets will collapse if he goes. The stock markets are not collapsing, it’s gone up in fact.

“He was harming the India economy by raising interest rates and making it impossible for small and medium industries to take loans from the banks,” Mr Swamy alleged.

“…So, it was as if I was some devil, and this man was some angel, who has come from abroad to save us,” he said.

The Rajya Sabha BJP lawmaker was speaking at a function organised by Virat Hindustan Sangam in New Delhi, to recall his political life during the Emergency era.

Prime Minister Modi on June 27 had disapproved of Mr Swamy’s attacks on the RBI chief and some top finance ministry officials, saying they were “inappropriate”.

Mr Swamy has been accusing Dr Rajan over financial policy attracting widespread media attention.

Dr Rajan has already said that he will not seek a second term as the RBI Governor.