Bhubaneshwar: BJP MP Subramanian Swamy, who ran a tirade against RBI Governor Raghuram Rajan, on Saturday said the Reserve Bank head is a government employee and is not selected on the basis of popular vote.
"Raghuram Rajan is an employee of the Government of India. We don't select employees on the basis of popular vote," he said, reacting to Rajan's decision not to take a second term.
Read: Rexit: ‘Work yet to be completed’, but no RBI 2nd term for Raghuram Rajan
In a series of letters to Prime Minister Narendra Modi, Swamy had demanded sacking of Rajan, arguing that he is not "fully mentally Indian" and had been sending confidential and sensitive financial information around the world.
Rajan, in a letter to RBI employees on Saturday, said that he would go back to Chicago to continue his academic career after completion of his three-year term as central bank chief on September 4.
