NEW DELHI: Congress president Rahul Gandhi on Tuesday attacked Prime Minister Narendra Modi over a media record which claimed the federal government is looking for Rs 3.6 lakh crore from the Reserve Bank of India (RBI), alleging that he wishes the quantity to mend the "mess his genius economic theories" have created.
Gandhi additionally steered Reserve Bank governor Urjit Patel to "stand up" to the prime minister and "protect the nation".
There was no fast reaction at the price made by way of Gandhi.
"Rs 36,00,00,00,00,000. That's how much the PM needs from the RBI to fix the mess his genius economic theories have created. Stand up to him Mr Patel. Protect the nation," he tweeted and likewise posted the media record.
The record claimed that at the middle of the RBI-government standoff was a suggestion by way of the finance ministry looking for to switch a surplus of Rs 3.6 lakh crore, more than a third of the entire Rs nine.59 lakh crore reserves of the central financial institution, to the federal government.
While Gandhi has accused the federal government of "destroying" institutions with its alleged robust arm techniques, the variations between the Modi government and the RBI came out in public area after a deputy governor raised issues in regards to the central financial institution's autonomy and warned that the governments that didn't appreciate the central financial institution's independence would at some point incur the wrath of financial markets.
Gandhi additionally steered Reserve Bank governor Urjit Patel to "stand up" to the prime minister and "protect the nation".
There was no fast reaction at the price made by way of Gandhi.
"Rs 36,00,00,00,00,000. That's how much the PM needs from the RBI to fix the mess his genius economic theories have created. Stand up to him Mr Patel. Protect the nation," he tweeted and likewise posted the media record.
The record claimed that at the middle of the RBI-government standoff was a suggestion by way of the finance ministry looking for to switch a surplus of Rs 3.6 lakh crore, more than a third of the entire Rs nine.59 lakh crore reserves of the central financial institution, to the federal government.
While Gandhi has accused the federal government of "destroying" institutions with its alleged robust arm techniques, the variations between the Modi government and the RBI came out in public area after a deputy governor raised issues in regards to the central financial institution's autonomy and warned that the governments that didn't appreciate the central financial institution's independence would at some point incur the wrath of financial markets.
PM needs Rs 3.6L cr from RBI to fix 'mess' his economic theories created: Rahul
![PM needs Rs 3.6L cr from RBI to fix 'mess' his economic theories created: Rahul]()
Reviewed by Kailash
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November 06, 2018
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