Lok Sabha Election 2023 / 'Raghuram Rajan has become a leader' - Union minister Ashwini Vaishnav's big statement

Zoom News : Aug 20, 2023, 12:31 AM
Lok Sabha Election 2023: Union Minister Ashwini Vaishnav has targeted former Reserve Bank of India (RBI) Governor Raghuram Rajan on Saturday. He said that Rajan has become a leader who is backstabbing someone. Vaishnav's remarks came in the wake of Rajan's reported statement to a question that India was not manufacturing mobile phones under the Production Linked Incentive (PLI) scheme, but was only 'assembling' them.

Vaishnav criticized Rajan

Ashwini Vaishnav said, 'When good economists become politicians, they lose their economic sense. Raghuram Rajan has become a leader. Now, they should come out openly, contest elections, conduct elections and participate in political activities. Backstabbing is not a good thing. He is trying to do this on behalf of someone else.

Vaishnav said that in the next two years, India will achieve over 30 per cent value addition in electronics manufacturing. Besides, the three companies will soon be manufacturing critical mobile phone components for the world, he said. Minister of Railways, Electronics and Information Technology Vaishnav said that every country which has started manufacturing electronics has first taken the route of completely knocked-down (CKD) components, semi-knocked-down (SKD) and 'assembled' products. is adopted. In addition, the production of the system is followed by the production of various components.

I request Rajan to remain an economist or become a politician: Vaishnav

Vaishnav said that today the global supply chain is so complex that there is no country that can claim more than 40 per cent value addition. According to Vaishnav, 40 per cent is the highest value addition any country can claim for its electronics manufacturing and India will reach over 30 per cent value addition in less than two years.

Vaishnav said sarcastically, 'The way Raghuram Rajan is attacking, it is not a fair thing. He is a very accomplished economist. I request him to remain an economist or become a politician. Let us inform that during the 'Bharat Jodo Yatra' from Kanyakumari to Kashmir, former RBI Governor Rajan was with Congress leader Rahul Gandhi in Rajasthan for some time. (input language)

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