jaguar ji 1085 days ago

Basically Raghuram Rajan was just like an enemy of state working on a secret agenda. As Governor he signed every note but did not do anything actively against fakes of Pak ISI - which were ruining Indian economy by hyper inflation , havimng accumulated for 10 long years. Instead he used the opportunity to throttle all liquidity to general industry & trade in name of inflation control. So heavy was he on it that instead of growing India he saw that China grew faster.Finally loyal business houses of India like Tata and Birla were banckrupted and forced to buy nearly broke companies in EU & USA in hurry to preserve capital. India was no where having same Ninja loan type of retail credit problem as USA and yet he basked in fake glory for saving India from imaginary monsters. The crony capitalism of chosen ones like Mallyas and other business houses was carefully hidden and it is now clear that he did nothing to address the issue. Like MMS and Sphinx he also sat through all scams not saying a word in favour of public. Now that he hwas turned activist , he should get a ticket in Owl Babas seat in Amethi and replace him immediately.