RSS Manch sights on RBI

-PTI

New Delhi: The RSS-affiliated Swadeshi Jagran Manch has written to Prime Minister Narendra Modi demanding the removal of Nachiket Mor from the Reserve Bank board on the ground of conflict of interest.

"There is no case for retaining Nachiket Mor on the board of the Reserve Bank of India (RBI). It is a fit case of conflict of interest, as his principal employer BMGF (Bill and Melinda Gates Foundation) receives foreign funds and the RBI is the regulator of the fund(s)," Manch co-convener Ashwani Mahajan said in the letter.

Mahajan alleged that the activities of the BMGF, which works in India in health, sanitation, agriculture and financial services to the poor, were suspicious.

"We request you to take stringent action, so that the message must go to all that they can't take India for granted," the letter added.

Mor is a full-time India representative and national director of the BMGF, which is under the vigil of the home ministry and is actively receiving funds from foreign sources, Mahajan said.

The fact that the BMGF is functioning in India with the RBI's permission makes it a glaring case of conflict of interest, Mahajan said.

The home ministry is keeping a watch on the BMGF because of allegations that the foundation is working for multinational companies to influence government policies on health and agriculture in their favour, the Manch claimed.

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The Telegraph, 16 April, 2018, https://www.telegraphindia.com/india/rss-manch-sights-on-rbi-223727?ref=india-new-stry

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