Ex RBI governor, D Subbarao reveals that P Chidambaram, who was the finance minister in the United Progressive Alliance (UPA) government, pressed the Reserve Bank of India to paint a rosier picture of the economy, with inflated estimates of growth and inflation.
If the claim is true this is a massive impropriety. It is also an example of first grade hypocrisy.
Especially, when one considers that all these last 10 years the Congress, Chidambaram and their other aligned "economic gurus and mentors" have never stopped accusing the Modi administration of faking economic data. "Jumlabaazi" is what the Congress calls it. Now, the term could very easily apply to them!