UPA Seized RBI to Paint Picture of Rosy Economy: Anurag Thakur

UPA Seized RBI to Paint Picture of Rosy Economy: Anurag Thakur
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Union Minister Anurag Thakur accused the Congress-led UPA government of seizing the RBI to create a false image of economic growth during its tenure. Thakur referred to the revelations made by former RBI Governor D Subbarao in his memoirs, highlighting the pressure from the finance ministry to soften interest rates and present a positive outlook on the economy. Subbarao also mentioned the lack of understanding and sensitivity towards the RBI’s autonomy in the UPA government. Thakur criticized the UPA government for mismanagement and corruption, calling their era a ‘lost decade’. Read more [here](https://economictimes.indiatimes.com/news/politics-and-nation/upa-seized-rbi-to-paint-picture-of-rosy-economy-anurag-thakur/articleshow/109351185.cms).

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