In a letter to Prime Minister Narendra Modi, BJP leader Subramanian Swamy has sought for immediate sacking of Raghuram Rajan as RBI governor. In the letter, he wrote,

"The RBI governor is wilfully and deliberately wrecking the Indian economy. He is mentally not fully Indian."

"The reason why I recommend this is that I am shocked by the wilful and apparently deliberate attempt by Dr Rajan to wreck the Indian economy," Swamy has written.

According to Swamy, bad loans with public sector banks doubled to Rs 3.5 lakh crore within two years. He said these actions of Dr Rajan lead to the beliefs that he is more a disrupter of the Indian economy than someone who wants to improve the Indian economy.

The BJP leader said, "Moreover he is in this country on a Green Card provided by the US government and therefore mentally not fully Indian. Otherwise why would he renew his Green Card as RBI governor by making the mandatory annual visit to the US to keep the Green Card current?"

Urging the PM to terminate Dr Raghuram Rajan’s appointment in the national interest, Swamy said in his letter to the Prime Minister that, "I cannot see why someone appointed by the UPA Government who is apparently working against Indian economic interests should be kept in this post when we have so many nationalist minded experts available in this country for the RBI governorship."

In September 2013, the previous UPA government appointed Rajan as the RBI governor for a three-year term.

"In my opinion, RBI governor is not appropriate for the country. I don't want to speak much about him. He has hiked interest rates in the garb of controlling inflation that has damaged the country," Swamy had told reporters in Parliament House.

-Sumana