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Govt Vs RBI: Chidambaram hits out at Centre

Oct 31, 2018 10:21 IST

Amid reports that government may invoke section 7 of the RBI to issue 'unprecedented directions' to the RBI, former finance minister P Chidambaram has hit out at the Modi govt. Chidambaram tweeted that we did not invoke Section 7 in 1991, 97, 2008 or 2013. What is the need to invoke the provision now?, he asked adding that it shows the government is hiding facts about the economy and is desperate

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