Hope RBI Governor Urjit Patel has ‘spine’, will show PM ‘his place’: Rahul Gandhi
Team Udayavani, Nov 19, 2018, 12:17 PM IST
New Delhi: Ahead of the crucial RBI Board meeting, Congress President Rahul Gandhi Monday accused Prime Minister Narendra Modi of destroying institutions and hoped Reserve Bank Governor Urjit Patel has a “spine” and will show the prime minister “his place”. Taking to Twitter, Gandhi accused Modi and his “coterie of cronies” of “destroying” institutions.
“Modi and his coterie of cronies, continue to destroy every institution they can get their hands on. Today, through his puppets at the RBI Board Meet he will attempt to destroy the RBI. I hope Patel and his team have a spine and show him his place,” he tweeted.
The Congress has accused the Modi government of destroying every institution in the country and the latest one being the Reserve Bank of India. The RBI’s crucial board meeting on Monday is expected to take up the liquidity crisis that has triggered a tiff between the government and the central bank.
The meeting is being held in the background of tension between the Centre and the RBI after Finance Ministry cited the never-used-before Section 7 of the RBI Act which empowers the government to issue directions to the RBI Governor.
The government on November 9 had said it was discussing an “appropriate” size of capital reserves that the central bank must maintain but denied seeking a massive capital transfer from the RBI. Economic Affairs Secretary Subhash Chandra Garg had also clarified that the government wasn’t in any dire needs of funds and that there was no proposal to ask the RBI to transfer Rs 3.6 lakh crore.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Congress to discuss candidates for Amethi, Raebareli seats on Saturday
Cache of arms including foreign-made revolvers seized by CBI in Sandeshkhali raids
24 Indian Fishermen Released from Sri Lankan Detention, Repatriated to India
SC verdict on EVM tight slap to Congress-led opposition: PM Modi in Bihar rallies
Board exams twice a year from 2025: MoE asks CBSE to work out logistics, no plan for semesters
MUST WATCH
Latest Additions
Patanjali Foods to evaluate proposal to buy Patanjali Ayurved’s non-food business
Congress to discuss candidates for Amethi, Raebareli seats on Saturday
BJP’s CT Ravi Booked for Promoting Hatred and Enmity Through Social Media Post
Elections held in 14 LS segments in Karnataka, voter turnout nearly 64 per cent till 5 pm
‘PM is scared, may even shed tears on stage’: Rahul Gandhi’s fresh salvo at Modi