Here’s what Arun Jaitley and Subramanian Swamy had to say regarding RBI Governor Raghuram Rajan not seeking second term

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Here’s what Arun Jaitley and Subramanian Swamy had to say regarding RBI Governor Raghuram Rajan not seeking second term
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RBI Governor Raghuram Rajan, in a letter to RBI employees on Saturday, said that he would go back to Chicago to continue his academic career after completion of his three-year term as central bank chief on September 4.

As the nation expressed sadness at Rajan's decision to not seek a second term, a few politicians also came out and commented on the same-


Finance Minister Arun Jaitley

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Government appreciates good work done by RBI Governor Raghuram Rajan and respects his decision, said Finance Minister Arun Jaitley.

Senior Congress leader P Chidambaram

“I am disappointed and profoundly saddened by the decision of Dr Raghuram Rajan to leave the RBI on completion of his term on September 4, 2016, but I hasten to add that I am not surprised at all,” said Senior Congress leader P. Chidambaram.

He further added, “As I had said sometime ago, this government did not deserve Dr Rajan. Nevertheless, India is the loser.”

However there was one person who was happy with the announcement and it was none other than BJP Leader, Subramanian Swamy.

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BJP MP Subramanian Swamy, who ran a tirade against RBI Governor Raghuram Rajan, on Saturday said the Reserve Bank head is a government employee and is not selected on the basis of popular vote.

“Raghuram Rajan is an employee of the Government of India. We don’t select employees on the basis of popular vote,” he said, reacting to Mr. Rajan’s decision not to take a second term.

“Let him pretend that he is giving up and going. As long as he is going, it is good,” Swamy further added.

In a series of letters to Prime Minister Narendra Modi, Mr. Swamy had demanded dismissal of Mr. Rajan, arguing that he is not “fully mentally Indian” and had been sending confidential and sensitive financial information around the world.