Modi impinging upon autonomy of institutions like RBI: Rahul

Accusing Prime Minister Narendra Modi of impinging upon the autonomy of institutions like the RBI, Congress Vice President Rahul Gandhi said on Monday the Central Bank’s Governor was informed of his decision on demonetisation just a day before the move. “RBI was created as an institution which would work independently free from all political pressure. However, a letter was shot off to the RBI Governor (Urjit Patel) just a day before demonetisation, saying that Modi ji had taken a decision to withdraw the 500 and 1000 rupee notes from circulation,” Rahul said at a rally here.

Charging the Prime Minister with taking his autocratic style of functioning too far, he said Modi was out to impose his face on everything.