Key Points
Union Minister Ashwini Vaishnaw on Saturday called former RBI governor Raghuram Rajan a politician who is "doing shadow-boxing on somebody's behalf"..
Vaishnaw's remark was in reaction to a query on Rajan's reported statement that India is not manufacturing mobile phones under the Production Linked Incentive (PLI) scheme but is only assembling them...
"When good economists become politicians, they lose their economic sense..
Vaishnaw said every country that has started manufacturing electronics has followed a path of first bringing Completely Knocked-Down (CKD) components, Semi Knocked-Down (SKD) and assemble the product..
Former RBI governor Rajan had accompanied Congress leader Rahul Gandhi briefly in Rajasthan during the nationwide Bharat Jodo Yatra that stretched from Kanyakumari to Kashmir..
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