The BJP hit out at the Congress on Monday citing the submission of former RBI Governor Raghuram Rajan to a parliamentary panel on non-performing assets of banks, and said it exposed the destructive economic policies of the UPA government.
“He has exposed the destructive economic policies of the Congress-led UPA governments,” Union Minister Smriti Irani said. She said Mr. Rajan’s report was a “loud proclamation” of corruption by the Congress.
At a press conference here, she said Mr. Rajan’s statement proved the Congress was responsible for the rising NPAs of banks. “UPA chairperson Sonia Gandhi led a government that attacked the very core of the Indian banking system. Raghuram Rajan has said that between 2006 and 2008, the UPA functioning led to increased NPAs in the Indian banking structure,” she said. All this was happening under the nose of then Prime Minister Manmohan Singh, she added.
