Sack Arvind Subramanian, says Subramanian Swamy, days after Raghuram Rajan announces exit
NEW DELHI: BJP leader Subramanian Swamy has called for the sacking of yet another of the country’s top economic functionaries. After targeting RBI Governor Raghuram Rajan, who announced on Saturday that he would not be serving a second term, Swamy has now attacked Chief Economic Adviser Arvind Subramanian, a PM Modi-appointee.
In a series of tweets on Wednesday morning, Swamy took aim at Subramanian over his stand on Intellectual Property Rights (IPR). Swamy recalled that Subramanian had recommended that the US government act against India through the WTO over its pharmaceutical IPR regulations.
Modi’s chief economic adviser Arvind Subramanian had opposed India on IPR till recently – Times of…
Chief economic adviser to the government of India, Arvind Subramanian, was until recently urging the US to initiate disputes against India before the WTO.
Subramanian Swamy :
“Who said to US Cong on 13/3/13 the US should act against India to defend US Pharmaceuticals interests? Arvind Subramanian MoF !! Sack him!!!”
Subramanian had made that recommendation to the US Congress in a written testimony, which was submitted in March. His stand in this testimony was a reiteration of the line he had taken in March 2013, over a year before his appointment as Chief Economic Adviser (CEA) by the Narendra Modi government.
Subramanian sought changes in Indian patent law. His focus had been on provisions that are aimed at preventing frivolous patenting and preventing pharmaceutical companies from getting extensions on patents by tweaking existing drugs and passing them off as innovations.
“If India does not address the problems created by Section 3(d) of the patent legislation or by compulsory licensing for nonworking, the United States should consider initiating WTO disputes against India,” read Subramanian’s testimony to the US Congress.
He justified this approach on the ground that India took its WTO obligations seriously and had a good track record of implementing WTO dispute settlement rulings. He added that for the US, “the virtue of using WTO dispute settlement was that it would be diplomatically and politically less confrontational than unilateral and bilateral actions”.
Subramanian Swamy:
“Guess who encouraged Congi to become rigid on GST clauses ? Jaitely’s economic adviser Arvind Subramanian of Washington DC”
Subramanian Swamy has been in the limelight for his perceived role in ensuring that Raghuram Rajan does not serve a second term as Governor of the RBI. After he had attacked Rajan as ‘unfit’ for the job and ‘mentally not fully Indian’. Rajan announced on Saturday that he would return to academia after his term ends in September.
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