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With Rajan Out, Swamy Trains His Guns on CEA Arvind Subramanian

Less than a week after Reserve Bank of India (RBI) governor Raghuram Rajan announced his intention to return to academia, the man who many blame for his decision, Subramanian Swamy, has found a new target. Or so it seems. The Bharatiya Janata Party (BJP) leader and Rajya Sabha MP on Wednesday took to Twitter to demand chief economic advisor Arvind Subramanian's sacking.

In a series of tweets, Swamy accused Arvind Subramanian of defending American interests, particularly in the pharmaceutical sector. He wrote, “Who said to US Cong (sic) on 13/3/13 the US should act against India to defend US Pharmaceuticals interests? Arvind Subramanian MoF !! Sack him!!!”

Citing a 2014 report, Swamy, further stated that Arvind Subramanian until recently “had opposed India on IPR”. It didn't end there. Swamy also accused Arvind Subramanian of encouraging the Congress party “to become rigid on GST clauses”. Swamy wrote, “Guess who encouraged Congi (sic) to become rigid on GST clauses ? Jaitley's economic adviser Arvind Subramanian of Washington DC”.

Arvind Subramanian succeeded Rajan as the government's chief economic advisor in October 2014. Interestingly, the two worked together during Arvind Subramanian's stint at the International Monetary Fund.

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