Former Gujarat Minister Jay Narayan Vyas
Former Gujarat minister and senior Bharatiya Janata Party (BJP) leader Jay Narayan Vyas has taken a dig at newly appointed Reserve Bank of India (RBI) Governor Shaktikanta Das over his educational qualification.
Referring to Das's MA in History degree, Vyas said he is praying that the new RBI Governor doesn't make the central bank 'history' itself.
"The New RBI Governor Das's educational qualification is MA (History ) . Hope and Pray he doesn't make RBI also a History. May God Bless the New Arrival!! (sic)," Vyas tweeted.
Vyas served as health and family welfare minister in Gujarat till 2012, however, he has been sidelined by the party after he lost elections in 2012 and 2017.
Shaktikanta Das took charge as the 25th Governor of the Reserve Bank on Wednesday and promised to take all stakeholders, including the government, along on key policy issues to maintain growth while keeping inflation under check.
Das was appointed Tuesday evening - within a day after the sudden resignation of Urjit Patel following deep friction between the RBI and the government over a host of issues, including the central bank's governance, capital reserves and also certain regulatory policies like the PCA framework for half the state-run banks and credit concerns to some key vote-banks in the industry.
"The government is not just a stakeholder, it also runs the economy and the country and manages major policy decisions. There has to be free, fair, objective, and frank discussions between the government and RBI," Das, the former finance secretary who oversaw the controversial note-ban exercise, told reporters in his maiden address at the RBI headquarters on Minto Road in New Delhi.
