A book written by a former Finance Secretary has brought to light controversial remarks attributed to Prime Minister Narendra Modi concerning former Reserve Bank of India (RBI) Governor Urjit Patel. The book reveals a derogatory reference by PM Modi, calling Urjit Patel a “snake who sits over money.”
The revelation, documented in the book penned by Subhash Chandra Garg, has sparked discussions and garnered attention across political and financial circles. The alleged remarks, if true, shed light on the dynamics between key figures in the government and the central bank during Urjit Patel’s tenure as RBI Governor.
Urjit Patel’s term as RBI Governor was marked by significant economic events, including the demonetization drive and debates surrounding the Reserve Bank’s autonomy and decision-making. The purported comment by PM Modi, as indicated in the book, adds a new dimension to the public discourse on these events.
The book comes at a time when the relationship between the government and the central bank is a subject of scrutiny, especially concerning the balance of power and decision-making processes within the economic landscape of India.
The alleged comment has generated reactions from various quarters, prompting discussions on the appropriate tone and language used in public discourse, particularly when referring to individuals in high-ranking positions. Further reactions and responses to this revelation are anticipated in the days to come.
