Rajan’s Second Tenure Is Now Demanded with Online Petitions and Signature

New Delhi: Amid huge speculations over Reserve Bank Governor Raghuram Rajan’s second term, online platforms is also abuzz with at least seven online petitions doing the rounds in support of a second term for him and has together garnered nearly 60,000 signatures so far, reports said. Simultaneously, two more petitions against extending Rajan’s tenure are also active in online platforms but they have got lesser response.

While some of the central ruling party’s sections have expressed their opinion against extension of the Governor’s extension of term, higher government functionaries noted that any decision will be taken once the tenure comes closer. Subramanian Swamy from BJP has multiple times openly called for sacking of Rajan. Notably, Rajan’s term as a Governor of RBI will end this year. He was appointed in the post on September 5, 2013 as 23^rd Governor of Reserve Bank of India.

“Raghuram Rajan has been doing a great job by balancing and maneuvering Indian economy through the populism which endangers it. He is very crucial for India’s growth story now,” the petitions said. however, an anti-Rajan petition describing him as a ‘student of the old school thoughts’ is also active with only 15 supporters in it.

With continuous attacks from across the country, Prime Minister Narendra Modi said that administrative subjects are not for general media interest. “I don't think this administrative subject should be an issue of interest to the media. Besides, it will come up only in September,” modi said recently at wall street when askd about Rajan’s extension.