Chidambaram accuses Union government of not understanding central bank independence; alleges ‘Centre thinks it owns RBI’

Former Union finance minister P Chidambaram on Thursday said the Union government is only after "hoard of cash" and "pot of gold", as he alleged the Centre thinks that it "owns" the Reserve Bank of India and does not understand the independence of the central bank. Hitting out at the Union government over the appointment of Shaktikanta Das as the RBI governor, Chidambaram said it "worries" him that an official who was a "vocal supporter" of demonetisation has been given the key post at the country's central bank.

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