Top News
news_img Brooks Koepka doesn't blame J.B. Holmes' slow play for his disappointing British Open finish  ||   news_img Hawking ice cream, asking bad guys to chill: Triple-digit heat sizzles across much of USA  ||   news_img 'Alter your course': Dramatic audio released of Iran seizing British ship  ||   news_img India enters 37-year period of demographic dividend  ||   news_img Former Arizona state Senate staffer wins $1 million discrimination lawsuit  ||   news_img ‘Send her back’ chant at Donald Trump’s rally moves race to center of 2020 contest. What does that mean for Democrats?  ||   news_img Georgia state lawmaker Erica Thomas now uncertain man told her to 'go back to where you came from'  ||   news_img 'Flesh-eating' bacteria: Here's how you can avoid contracting necrotizing fasciitis  ||   news_img Almost $100K per year: Highest-paying jobs you can get without a college degree  ||   news_img National Ice Cream Day: 18 dearly departed flavors we wish would return  ||   news_img 'Alter your course': Dramatic audio released of Iran seizing British ship  ||   news_img Katie Ledecky upset in 400 meters at World Swimming Championships  ||   news_img Hawking ice cream, asking bad guys to chill: Triple-digit heat sizzles across much of USA  ||   news_img Adopt your own village, help improve primary health services: VP Naidu to doctors  ||   news_img Haven't become MP to clean toilets, drains: Pragya Thakur  ||   news_img It's good to be king: Disney's 'The Lion King' remake rakes in a record-setting $185M  ||   news_img President's party leads Ukraine election, exit poll says  ||   news_img Red Sox pitcher Andrew Cashner said he would have sat out if unhappy with trade destination  ||   news_img PTI wins 5 seats in historic provincial polls in KP  ||   news_img California couple arrested after strangling newborn baby in hospital, police say  ||            

P Chidambaram Links Raghuram Rajans Exit With Note

By Sanvi Sandra On 10 Feb, 2017

Former Finance Minister and senior Congress leader P Chidambaram on Friday said a five-page letter, speaking against demonetisation, was submitted to the Centre by "someone in the Reserve Bank of India" on the day Raghuram Rajan stepped down from the post of Governor of the apex bank. Mr Chidambaram dared the government to make the letter public. He made the remarks on the sidelines of an event organized to launch a book written by him titled, 'Fearless in Opposition, Power and Accountability'. "If the government is transparent, it should make that note (letter) public. The note was written on behalf of the RBI. It was about demonetization, arguing why it should not be implemented," he added. Chidambaram said demonetisation was one of the reasons why Mr Rajan left. "They (government) made it so difficult for Mr Rajan to continue and, in retrospect it appears, one of the reason he was made to leave. They wanted to demonetise currency and Raghu was opposed it," he said.

Submit your comment

About Us Terms & Conditions Disclaimer
Advertise Contact
register and win

NRIS.COM is one of the premier NRI website that provides a range of resourceful services to Indian expats residing in the USA. Visiting the site you will find comprehensive information related to restaurants, casinos, pubs, temples, carpool, movies, education, real estate, and forums. The simple and easy to navigate format allows NRIs to gain information within a fraction of a second. Moreover, advertising through its column of Indian free classifieds in USA allow businesses to improve visibility of their brand.

National NRI's Chat (0 Users Online)