Modi a mediocre leader, efficient in riots, economic adviser Subramanian had told US: BJP hardliner Swamy

Arvind Subramanian

By A Representative
Close on the heels of the appointment of Urjit Patel, formerly with International Monetary Fund (IMF) and Reliance Industries Ltd, as the new Reserve Bank of India (RBI) governor, hardline BJP leader Subramaniam Swamy has stepped up his attack on Arvind Subramanian, chief economic adviser (CEA) of the Ministry of Finance, Government of India.
Swamy, who controversially criticized outgoing RBI governor Raghuram Rajan's alleged allegiance to the US being a green card holder, tweeted on Sunday that Subramanian called Prime Minister Narendra Modi “a mediocre leader, efficient in riots” and “asked the US to grill India in World Trade Organization for drub companies market access.”
Ending with the exclamation mark “tolerance!”, Swamy's tweet is followed by his supporters wondering as to why was Subramanian appointed CEA when he had “appealed to the US to initiate disputes against India before the WTO”. Another tweeted, “It's okay if he berated an individual not if he acted against Indian interests.” A third one called Subramanian a “US infiltrator”.
Others wondered why “blame Jaichands when they are being given a free run with open eyes rather than being nipped in the bud”, warning, this type of “tolerance” would “lead to intolerance by people in 2019”, so it would be “better to throw out” Union Finance Minister Arun Jaitley, the man who supposedly brought in Subramaniam “before people throw-out BJP”, and that Modi “blindly trusts Jaitley” or is “being blackmailed.”

Urjit Patel

This is the second time Swamy has attacked Subramanian. He had tweeted on June 22, “Who said to US Congress on March 13, 2013, the US should act against India to defend US pharmaceuticals interests? Arvind Subramaniam! Sack him!!”
Interestingly, Urjit Patel – known for long to be a protagonist of his predecessor Rajan – was spared of any criticism from Swamy, who said it would be “idiotic” to attack the new appointee. Swamy is known to have be in the front rank of those who attacked Rajan, who is has spoken out loudly against the atmosphere of “intolerance” in India under Modi.
Meanwhile, top British weekly “The Economist” August 20, 2016 has commented that Modi's decision to appoint Patel as RBI was “belated”, pointing out that appointment came “nine weeks after Rajan, the respected incumbent, surprised everyone by announcing he wouldn’t stay on the job for a second term.”
Saying that Patel, who was appointed as one of four RBI deputy governors by the previous UPA government in 2013, “The Economist notes, “Patel is thought to be of similar ilk to his current boss”, which should be “reassuring for investors”, who are “still baffled as to why Rajan, a former IMF chief economist with a good record as head of the RBI, was effectively sacked by Modi.”
The weekly says, “Patel’s remit at the RBI has been to help shape monetary policy”, adding “The newish inflation-targeting framework, which has been successful in stemming rising prices (helped by outside factors such as falling oil prices), is as much his as Rajan’s.”
It further comments, “Though he lacks the stature of Rajan, which probably helped fend off inevitable calls for lower interest-rates from ministers and industrialists, Patel is seen as just as hawkish as the outgoing governor. His appointment should alleviate fears that Rajan's exit was a ploy by Modi to hobble a fiercely independent central bank.”
Wondering, however, whether Patel “keeps the same amount of pressure on the banks” as Rajan did, wich would be “a vital test of the early stages of his three-year mandate” as new RBI governor, “The Economic” concludes, “Many hope the new governor will simply be a clone of the incumbent. But that would raise questions as to why Modi didn’t just stick with the original.”

Comments

fazal said…

This guy Suwarmanian Swamy lives up all the time to the acronym - BJP: Barking Jokers Party, a barking Joker in it indeed. poopmocnin(read reverse)was never been proved right. Just dikless impotent invented manufactured imaginations farted from mouth and speak from the fart place.

August 22, 2016

The soundtrack of resistance: How 'Sada Sada Ya Nabi' is fueling the Iran war

By Syed Ali Mujtaba* The Persian track “ Sada Sada Ya Nabi ye ” by Hossein Sotoodeh has taken the world by storm. This viral media has cut across linguistic barriers to achieve cult status, reaching over 10 million views. The electrifying music and passionate rendition by the Iranian singer have resonated across the globe, particularly as the high-intensity military conflict involving Iran entered its second month in March 2026.

Kolkata dialogue flags policy and finance deficit in wetland sustainability

By A Representative Wetlands were the focus of India–Germany climate talks in Kolkata, where experts from government, business, and civil society stressed both their ecological importance and the urgent need for stronger conservation frameworks.

Beyond Lata: How Asha Bhosle redefined the female voice with her underrated versatility

By Vidya Bhushan Rawat* The news of iconic Asha Bhosle’s ‘untimely’ demise has shocked music lovers across the country. Asha Tai was 92 years young. Normally, people celebrate a passing at this age, but Asha Bhosle—much like another legend, Dev Anand—never made us feel she was growing old. She was perhaps the most versatile artist in Bombay cinema. Hailing from a family devoted to music, Asha’s journey to success and fame was not easy. Her elder sister, Lata Mangeshkar, had already become the voice of women in cinema, and most contemporaries like Shamshad Begum, Suraiya, and Noor Jehan had slowly faded into oblivion. Frankly, there was no second or third to Lata Mangeshkar; she became the first—and perhaps the only—choice for music directors and all those who mattered in filmmaking. Asha started her musical journey at age 10 with a Marathi film, but her first break in Hindustani cinema came with the film "Chunariya" (1948). Though she was not the first choice of ...

Lata Mangeshkar, a Dalit from Devdasi family, 'refused to sing a song' about Ambedkar

By Pramod Ranjan* An artist is known and respected for her art. But she is equally, or even more so known and respected for her social concerns. An artist's social concerns or in other words, her worldview, give a direction and purpose to her art. History remembers only such artists whose social concerns are deep, reasoned and of durable importance. Lata Mangeshkar (28 September 1929 – 6 February 2022) was a celebrated playback singer of the Hindi film industry. She was the uncrowned queen of Indian music for over seven decades. Her popularity was unmatched. Her songs were heard and admired not only in India but also in Pakistan, Bangladesh and many other South Asian countries. In this article, we will focus on her social concerns. Lata lived for 92 long years. Music ran in her blood. Her father also belonged to the world of music. Her two sisters, Asha Bhonsle and Usha Mangeshkar, are well-known singers. Lata might have been born in Indore but the blood of a famous Devdasi family...

Maoist activity in India: Weakening structures, 'shifts' in leadership, strategy and ideology

By Harsh Thakor* Recent statements by government representatives have suggested that Maoism in India has been effectively eliminated, citing the weakening of central leadership and intensified security operations. These claims follow sustained counterinsurgency efforts across key regions, including central and eastern India. However, available information from security agencies and independent observers indicates that while the organizational structure of the CPI (Maoist) has been significantly disrupted, elements of the movement remain active. Reports acknowledge the continued presence of cadres in certain forested regions such as Bastar and parts of Dandakaranya, alongside smaller, decentralized units adapting their operational strategies.

46% own nothing, 1% own 18%: The truth about India’s land inequality

By Vikas Meshram * “Agriculture is the backbone of India” — this is what we have been hearing for generations. But there is a pain hollowing out this backbone from within: the unequal distribution of land. On one hand, news of farmer suicides, indebtedness, and rural migration keeps coming; on the other, agricultural land across the country continues to concentrate in the hands of a few wealthy individuals.

From Manesar to Noida: Workers take to streets for bread, media looks away

By Sunil Kumar* Across several states in India, a workers’ movement is gathering momentum. This is not a movement born of luxury or ambition, nor a demand for power-sharing within the state. At its core lies a stark and basic plea: the right to survive with dignity—adequate food, and wages sufficient to afford it.

US study links ultra-processed diets to preterm birth, sparks concern in India

By Jag Jivan A growing body of scientific evidence linking ultra-processed food (UPF) consumption during pregnancy to adverse maternal and neonatal outcomes has sparked fresh concern among public health experts, with Indian nutrition advocates warning of serious implications for the country’s already strained maternal health landscape.

Midnight weeping: The sociology of tragic vision in Badri Narayan’s poetry

By Ravi Ranjan* Badri Narayan, a distinguished Hindi poet and social scientist, occupies a unique position in contemporary Indian intellectual life by bridging the worlds of creative literature and critical social inquiry. His poetic journey began significantly with the 1993 collection 'Saca Sune Hue Kaï Dina Hue' (Truth Heard Many Days Ago). As a social historian and cultural anthropologist, Narayan pioneered a methodological shift away from elite archives toward the oral traditions and folk myths of marginalized communities. He eventually legitimized "folk-ethnography" as a rigorous academic discipline during his tenure as Director of the G.B. Pant Social Science Institute.

Search This Blog