Bibhu Prasad Ray

Former Reserve Bank of India (RBI) Governor Raghuram Rajan on Friday dismissed the speculations that he could be a candidate for the Rajya Sabha elections from Maharashtra.

Taking to LinkedIn, Rajan wrote, "There has been some speculation in the press about my recent meetings and a Rajya Sabha seat. I have not discussed a Rajya Sabha seat with any party. I am an academic, not a politician."

Rumours were earlier making rounds that Rajan could be nominated as a Maharashtra Vikas Aghadi (MVA) or Congress candidate for the Rajya Sabha elections from Maharashtra.

What Led to Such Speculations?

It is worth mentioning that Raghuram Rajan has been critical of the Modi government, and the BJP believes that the former RBI Governor often spew venom about the Central government for vested interests.

This apart, speaking on the inaugural day of the Jaipur Literature Festival (JLF) on Thursday, Rajan termed the recent raids of the Enforcement Directorate as wrong and ‘undemocratic’ stating that such acts should bother everyone not just politicians.

"What is your choice if leaders from Opposition parties are put behind bars? If it leaves you with no choice then it is not a politicians' issue alone. This is the issue for everyone. So unleashing the ED before elections is wrong and undemocratic," said Rajan.

Besides, while clarifying the speculations of his RS candidature, he wrote how he holds frequent meetings with politicians. 

“My meetings with politicians from different parties typically involve an exchange in views about the current economic situation in India, and their hopes for the future,” he wrote on LinkedIn.