1. Subramanian Swamy says PM Narendra Modi spared Raghuram Rajan from being charged for corruption

Subramanian Swamy says PM Narendra Modi spared Raghuram Rajan from being charged for corruption

Subramanian Swamy said corruption charges were hanging over former RBI governor, Raghuram Rajan, but "PM Modi was very kind to Raghuram Rajan otherwise he would have been prosecuted for a number of corruption charges.

By: | Published: November 16, 2016 9:40 PM
Subramanian Swamy criticised Finance Ministry for the handling of the ban on Rs 500 and Rs 1000 notes saying, "The Finance Ministry is answerable for the poor execution of demonetisation." (PTI) Subramanian Swamy criticised Finance Ministry for the handling of the ban on Rs 500 and Rs 1000 notes saying, “The Finance Ministry is answerable for the poor execution of demonetisation.” (PTI)

Harvard-educated economist, Bharatiya Janata Party (BJP) MP Subramanian Swamy, who is known for his controversial comments, is again hitting the headlines for his statements. Speaking to a news channel on Wednesday he said corruption charges were hanging over former RBI governor, Raghuram Rajan, but “PM Modi was very kind to Raghuram Rajan otherwise he would have been prosecuted for a number of corruption charges,” he said.

After this, he also criticised Finance Ministry for the handling of the ban on Rs 500 and Rs 1000 notes saying, “The Finance Ministry is answerable for the poor execution of demonetisation.” On the day, when the government had faced criticism over its move to ban Rs 500 and Rs 1000 notes in Parliament’s winter session this may well give the opposition more things to target the government. Swamy also suggested abolishing Income tax in the country.

Earlier on Monday Hong Kong’s South China Morning Post daily quoted him as saying, “I am appalled by the lack of preparation… We have been in power for nearly two-and-a-half years. The Finance Ministry should have prepared for this from the very first day. It is easy to argue that the Ministry was not in the loop, but that is no excuse for not having a contingency plan.”

Swamy also favoured conferring of Bharat Ratna award on former VHP leader Ashok Singhal posthumously. Swamy said Singhal was the architect of the Ram Janambhoomi movement and made sacrifices for social transformation. Singhal, who had risen to prominence playing a leading role in the Ram temple issue in the late eighties, died in November last year.

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