Respect RBI's credibility, PM tells Opposition

PM said his government has taken steps to preserve independence of RBI by constituting MPC

 

Prime Minister Narendra Modi on Wednesday appealed to the Opposition to contribute in preserving the institutional credibility of the Reserve Bank of India (RBI). The PM said it doesn’t behove dragging the institution and its governor, whether the current Governor Urjit Patel or his predecessor Raghuram Rajan. The PM pointed out that he had defended Rajan as well.

In his reply to the discussion on the motion of thanks to the President’s address, the PM defended the demonetisation decision. But the highlight of his over an hour long speech was a stinging attack on former Prime Minister Manmohan