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FM’s response to Swamy suggests ‘enough’

 The BJP’s Subramanian Swamy, who demanded the removal of Raghuram Rajan as Governor of the Reserve Bank of India, has added another target to his must-go list: top Finance Ministry adviser Arvind Subramanian.

“Sack him!!!” the 76-year-old politician tweeted, triggering speculation that his real target is Finance Minister Arun Jaitley, who is Subramanian’s boss.

In an attempt to invalidate that theory, union minister Ravi Shankar Prasad said that the Finance Minister’s “integrity is “impeccable.”

Jaitley, meanwhile, who addressed reporters along with Prasad, said that the government has “full confidence” in Mr Subramanian as Chief Economic Adviser and cautioned against the trend of attacking persons whose “office and discipline constrain them from responding to baseless charges”.

Swamy, who has advertised his own suitability for Finance Minister, said that  Subramanian had backed Washington in a row over intellectual property rights before joining the government.

Swamy’s attack on Subramanian comes amid uncertainty over who might succeed  Rajan at the central bank when his term expires in September. The Chief Economic Advisor is seen as among the contenders.

Jaitley also refuted reports that the government had not reined in Swamy’s shrill campaign in which he said that Rajan should be refused an extension at the RBI in part because he is “mentally not fully Indian” – a reference to Rajan’s green card.

Jaitley said that Swamy’s remarks on the RBI chief had been classified as “personal” by both himself and BJP President Amit Shah. Rajan dropped a bombshell last weekend when he announced that he would not make himself available for a second term as RBI chief.

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