Swamy questions Shaktikanta Das appointment

BJP MP and former union minister Dr Subramanian Swamy today questioned the appointment of Shaktikanta Das as the governor of RBI, and said that he has written about it to Prime Minister Narendra Modi.

He deplored that Shaktikanta Das being appointed as RBI Governor is wrong. He alleged that Das had worked closely in corrupt activities with P Chidambaram and even tried to save him in court cases. He expressed surprise over his appointment. “I have written a letter to PM against this decision,” he said.

Former bureaucrat Shaktikanta Das was named the new governor of the Reserve Bank of India, last evening, 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% of the currency in circulation, will have a three-year tenure.

Das, a 1980-batch IAS officer from the Tamil Nadu cadre, retired as Economic Affairs Secretary in May 2017 and was since appointed India’s Sherpa to the G-20 and a member of the Finance Commission.

Having worked equally at ease under three different finance ministers — P Chidambaram, Pranab Mukherjee and Arun Jaitley — he is described as a person who prefers to take a non-confrontational approach to problem solving.

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