Subramanium Swamy, the ex Harvard don, who is currently in theBJP got emotional about interest rate cut.
India’s Reserve Bank Chairman Raghuram Rajan, in whose domain this aspect falls has refused to cut interest rates, saying that this is a short term measure, which will harm growth prospects in the long run.
Swamy, on the other hand, got empassioned about cutting interest rates, and said “PM must make clear to RBI Gov. Rate cut now or Rajan cut right away.”
