New Delhi : The Congress Monday accused the Modi government of "trampling" on the RBI's institutional integrity and alleged that it was seeking around Rs 3.6 lakh crore from the central bank to distribute electoral sops ahead of the general elections.
Congress spokesperson Abhishek Singhvi said RBI reserves, from which the government is seeking money for its use, are the country's wealth and alleged that the Modi government wants to distribute it to its "crony friends".
"Spinning lies, weaving false narrative and knitting sugar-coated alibis is a nefarious ploy of the Modi government to trample on the institutional integrity of the RBI. The RBI reserves are the nation’s social wealth and the Modi government wants to distribute it to its crony friends," he alleged.
Singhvi said that the Modi government's "sinister overtures to pounce on the RBI treasury is demonetisation part-II". "'Modi-made disaster of demonetisation' shaved off 1.5 pc of India’s GDP and severely denigrated the institutional autonomy of the RBI, now PM Modi plans demonetisation part -2 that will again shave off 2 pc of India’s GDP in one shot," he claimed. pti
