Rajan, Subramanian ‘foisted’ on India by Americans: Swamy

New Delhi, Aug 25 (PTI) BJP MP Subramanian Swamy todaycontinued with jibes at RBI Governor Raghuram Rajan and ChiefEconomic Adviser Arvind Subramanian, calling them "microminded" management degree holders "foisted" by America. While Swamy has been critical of Rajan for not loweringinterest rates earlier to boost growth, he has targeted CEAfor his 2013 stand on Intellectual Property Rights (IPR)wherein he had recommended to US government to act againstIndia through WTO over its pharmaceutical IPR regulations. "The Americans foisted on us management degree holderslike R3 and AS. Management types are micro minded whileeconomy is general equilibrium," Swamy tweeted today. R3 is the acronym he uses to refer to Rajan and AS asinitials for Arvind Subramanian. Faced with attacks, Rajan called them ad hominem. In Junehe announced he won’t seek a second term after completingthree-year term on September 4. Government has named RBIDeputy Governor Urjit Patel as his successor. Finance Minister Arun Jaitley has defended chief economicadvisor saying his advice to the government from time to timehas been of great value. PTI JDSA