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Welfare Party Of India describes Reserve Bank Of India's Governor, D...
   Welfare Party Of India describes Reserve Bank Of India's Governor, Dr Urjit Patel's resignation as 'unceremonious and a damage beyond economics’
Press Release Welfare Party Of India describes Reserve Bank Of India's Governor, Dr Urjit Patel's resignation as 'unceremonious and a damage beyond economics’ New Delhi 11th December, 2018. Dr SQR Ilyas National President of Welfare Party Of India said, it was unfortunate and termed Dr Urjit's resignation as a voice of Dissent. Dr Ilyas said citing the undemocratic approach of the Modi government with undue interference in destabilising the reputed central bank from its autonomy, credibility and country's financial stability has led to this resignation. He added that the interference of the government with the RBI was not based on any principles to improve the bank but an opportunist & populist measure just before Lok Sabha Elections to benefit his BJP party. Dr Ilyas said, Democracy suffers when independent institutions are suborned and Modi government has already tried before on other democratic institutions like the Supreme Court, CBI, Election Commission of India, Defence forces, Media etc and urged all the concerned citizens of the country to shun the present totalitarian Modi regime before the damage done by it becomes irreparable and erodes all democratic spaces completely.
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